We are pleased to share we will soon be offering a new Offshore Bond Term Deposit from Lloyds Bank International, further enhancing the range of cash and fixed income solutions available on the platform.
This latest addition offers a compelling option for clients seeking a balance of security and predictable returns within a tax-efficient wrapper. This new development combines the simplicity and certainty of a fixed-term deposit with the advantages of being held within an offshore bond wrapper, making it particularly relevant for clients with complex tax considerations or international financial interests.
The term deposit element provides a fixed rate of return over a pre-agreed period, helping clients lock in certainty in an evolving interest rate environment. As with traditional deposits, capital is held with Lloyds Bank and interest is known in advance, supporting cashflow planning and portfolio stability.
Within the offshore bond structure, clients can benefit from potential tax deferral, allowing interest to roll up gross without immediate UK income tax liability. This can support more efficient long-term compounding and give greater flexibility around the timing of withdrawals, aligning with individual tax planning strategies. The offshore wrapper may also be advantageous for clients who are globally connected or seeking simplified administration across jurisdictions.
Available seamlessly via Transact, the Offshore Bond Term Deposit can be integrated into existing client portfolios alongside other investments, providing a straightforward way to diversify holdings with a lower-risk, fixed-return component. A range of term options and competitive fixed rates are expected to support a variety of client needs and time horizons.
This launch reflects our ongoing commitment to providing advisers with access to high-quality, flexible solutions from leading banks. By bringing together Lloyds Bank’s deposit strength with the tax planning benefits of offshore bonds, this new offering provides you with an additional tool to deliver tailored, outcome-focused advice for your clients.
If you would like to learn more, please contact your regional Adviser Support Manager (ASM).