Kleinwort Benson launches Guernsey QNUPS

Kleinwort Benson has launched a new offshore annuity trust: the COPIA+ Guernsey Retirement Plan.

The QNUPS will complement the group's existing QROPS Product. It is available via the provider's international network of advisers and will be supported through the KB Academy's online IFA portal.

Retirement plans and portfolio trust director Mike Lightfoot said: "This new addition is another stage in Kleinwort Benson's proposition to provide a wider range of retirement planning solutions and proves Kleinwort Benson's ongoing commitment to the Offshore Retirement Plan space."

The plan charges a fixed fee and offers both open and closed investment options.

Lightfoot added: "COPIA+ demonstrates our continuing focus on bringing new and potentially award winning wealth wrappers to our offshore distribution partners. QNUPS are fast becoming mainstream tax planning and asset accumulation vehicles within the international marketplace, and will be of considerable interest to any British national or British expatriate who wishes to accumulate wealth and pass funds on to their chosen beneficiaries in an IHT efficient manner."