Product Spotlight: Lombard International Assurance

An assurance vie offering UK to France advantages like no other.

Golden ticket. This is the only assurance vie that can be opened from the UK with compliance in the UK and France, so that UK residents can start the “tax clock” early. After eight years the policy will “prendre date”, meaning that after this period of time you can withdraw from your ex-UK assets, such as ISAs and ISIPPs, without incurring capital gains.

The lowdown. The benefits of Lombard International Assurance’s policies include:

• Tax efficiency: Potential for tax-deferred growth and favourable tax treatment.
• Investment flexibility: Diverse investment options allow the tailoring of portfolios to financial goals.
• Estate planning: Efficient wealth transfer to beneficiaries.

Tax facts. Assurance vie is like a good wine, it gets better with age. After eight years, withdrawals benefit from major tax advantages, including a €9,200 tax-free allowance on growth.