"HSBC Life has aspirations for significant growth in the onshore bond market and our priority is to offer advisers and their clients investment choice, transparency and value supported by the highest levels of service."
- Mark Lambert, HSBC Life UK head of onshore distribution
Based on feedback from financial advisers, this service rating builds on a 5 star rating from Defaqto’s independent experts for HSBC Life’s Onshore Investment Bond Select. Rating products across almost 100 Star Rating categories, Defaqto considers the Onshore Investment Bond Select an "excellent product with a comprehensive range of features and benefits."
A tax effective medium to long-term sum investment, the HSBC Life Onshore Investment Bond Select can be accessed with a minimum investment of £15k. This provides the potential for capital growth while still allowing clients to make withdrawals from their investment. It also offers clients access to 3,800-plus funds via open architecture.
Combining investment choice, tax-efficiency, and minimal administration costs, it allows the policyholder to hold collective investments for flexibility and tax planning purposes as well as maintaining a consistent strategy across their overall investment portfolio.
Notably, platform versions of the bond at Fusion Wealth, M&G Wealth and Succession/Openwork have also received 5 Star Ratings.
Commenting on this achievement, Mark Lambert, HSBC Life UK head of onshore distribution, has said:
"Financial advisers decide whether companies receive the Defaqto Gold Service Rating, so we are delighted to have achieved it for the third year in a row as well as the 5 Star Rating for our Onshore Investment Bond Select and most platform versions.
"HSBC Life has aspirations for significant growth in the onshore bond market and our priority is to offer advisers and their clients investment choice, transparency and value supported by the highest levels of service."
