The sale to an Asian customer handily surpasses the US$201 million cover bought by a tech billionaire in California in March 2014. It was certified by Guinness World Records.
The majority (64%) of advised clients do not know about the key tax benefits from holding an onshore investment bond, despite two out of five holding the product.
Sesame Network and PMS Mortgage Club, part of Sesame Bankhall Group (SBG), has announced a new partnership with HSBC Life to enhance its protection offering for advisers.