We offer a comprehensive range of tax wrappers to meet your clients needs – for now and in the future. You can apply for the accounts below through the Advance by Embark Platform.
This account is only available within an Advance Portfolio. Your client is eligible for this account if they:
The Advance Portfolio charge is a percentage charge based on the value of the assets under administration in the client’s Advance Portfolio. For the Advance Retirement Account there is also an ongoing charge which is currently £75.00 each year. £18.75 is payable quarterly in arrears from available cash in the Retirement Account for as long as the account is open. There is one charge irrespective of whether the account is pre or post retirement. If the account has pre and post retirement arrangements the ongoing charge will be split proportionately to the amount held in each.
For more information on our charges, take a look at our ‘Easy to understand charges – at a glance’.
As with all investments, there is some risk involved with the Advance Retirement Account.
Over time, inflation will reduce the buying power of money.
Taking money out of an account
Clients can normally take benefits at any time from age 55, even if still working. If your client is suffering from ill-health, they may be able to take benefits earlier.
Transferring from the account
You can transfer your client’s Retirement Account by either encashing all the investments(cash transfer) or by re-registering all investments with another pension provider (In-Specie).
Closing an account
If you, or your client, change your mind regarding the Retirement Account, the account will be cancelled within 30 days of the customer receiving a cancellation notice. You can contact us by post at Advance Portfolio Team, PO Box 1200, Cheltenham, GL50 9UP or by email at email@example.com.
If your client passes away, unless death benefit is held in a trust, we will pay cash value to your clients’ nominated beneficiaries either as
We also offer dependants a drawdown option so the beneficiary can move to a portfolio of their own.
Allows your clients to replace withdrawals taken out of their ISA, without the replacement contributions counting towards their ISA subscription.Learn More
Clients benefit from tax relief on their payments, benefits to their beneficiaries if they die and a choice about how and when they can take retirement benefits.Learn More
Tax efficient gifting between generations on the Junior stocks and shares ISA.Learn More
The addition of Accidental Death Cover, provided by Zurich Assurance Limited, could help give your clients added peace of mind.Learn More