RL360° has announced some exciting changes to its flagship regular and single premium products, Quantum and PIMS, which come into effect from 5 January 2015.
The move is part of the continuous drive to evolve and improve its products based on feedback from advisers and their clients.
The headline upgrades for Quantum are enhanced allocation premium bands up to 102% and more user friendly illustration outputs
Director of Marketing Natalie Hall said: “We have been able to introduce these changes and make Quantum more attractive as a direct result of support for the product. In particular, the volume of Quantum business being written means we are now able to make the allocation rates even more competitive.”
The news follows the recent Quantum fund range enhancements, which included the addition of new asset classes such as healthcare and renewable energy funds. The company also negotiated a 6-month exclusive savings plan arrangement with Guinness Asset Management on their recently launched UCITS version of the Global Innovators fund. The new options have already attracted significant investment since their launch.
PIMS will see changes including the introduction of an 8-year establishment fee charging structure and conversion rate changes. The latter means that the minimum premium for Euro has reduced down to 60,000 from 80,000. And these changes come following the introduction of online dealing last year.
Natalie continued: “We haven’t rested on our laurels following the management-led buyout in late 2013. By constantly evaluating and improving our products we ensure we are ahead of the game.”
Find out more about RL360°’s products, which are available exclusively through financial advisers, by visiting www.rl360.com.
Photo - Natalie Hall.