Flexible but never over-complex
PIMS opens up almost unlimited possibilities for substantial lump sum investment, while minimising your administrative burden. It means the investment experience can run as smoothly as possible – for both you and your client. Here are the key advantages:
It's easy to get started...
Begin small but think big
Your clients can get started with PIMS Focused, offering a large but defined range of funds (1,000+), and then upgrade to PIMS Flexible at a later date. PIMS Flexible has no fixed fund range and we'll happily consider new investment opportunities as they arise. Upgrading is simple too, a straight forward one-off fee applies.
Choose from seven policy currencies
Your clients have a choice of seven different currencies when setting up PIMS.
Choose capital redemption over life assurance
This means no live's assured on the policy, which may be ideal for trusts or corporate entities that don't want their policy brought to an end after the untimely death of a life assured.
Simple cash management
The PIMS cash account(s) is where all transactions take place, from charges and withdrawals to investment purchases and sales, they'll all be accounted for in one place.
All investments are consolidated into a single valuation.
PIMS can be used as the investment vehicle within most pension schemes, including SIPPS and QROPS, subject to trustee approval.
You can choose from an extensive range of trusts for clients looking for intergenerational planning opportunities - free of charge. You even have access to our dedicated technical support team, who can guide you through some of the more complex solutions.
And is flexible throughout...
Adaptable and accessible
If your clients’ circumstances change, they can access their policy at any time through regular or one-off withdrawals
Non-income producing asset
As an offshore product, PIMS is classed as a non-income producing asset. This creates the potential for a multitude of planning opportunities – particularly for expat clients considering a return to the UK.
Your clients (or you, if an investment adviser) can benefit from our online dealing service. They can instruct changes day or night, when convenient for them. No more paper and faxes! Read more about online dealing here.
Information at your clients' fingertips
If they wish, your clients can view the progress of their PIMS policies online, simply and at no cost, just by activating their Online Service Centre account.