Planning your family’s future with complete peace of mind!
Luxembourg, 6 June 2018 – OneLife, in partnership with Scorpio, gives further insight into the challenges and opportunities faced by European HNWIs and their families as they seek to transfer their wealth effectively. Part II of OneLife’s #Success in Succession study demonstrates how wealthy Europeans are looking to life assurance as a safe, flexible and efficient tool to protect, manage and transfer their wealth with complete peace of mind.
Following the fortunes of four wealthy families all living in different European countries and with different family situations and aspirations for their futures, Part II looks into the multiple benefits of what life assurance can offer as both an effective wealth planning tool and a solution to achieve success in succession. With unique features such as high levels of investor protection, flexibility in managing assets held within the policy, cross-border portability, certain tax advantages depending on the jurisdiction, OneLife’s real-life case studies provide illustrations on how it works in practice – and across borders.
Part II follows on from the first part of the study launched in 2016. In total, Part I and II of Success in Succession cover family cases from Finland, France, Belgium, Sweden, Portugal, Spain and the UK through an extensive series of e-books and a succession checklist.
According to Antonio Corpas, CEO OneLife: “In today’s world, it is key to plan for one’s financial future. Increasing global mobility, complex family situations, diversification in the assets investors hold, all just some of the aspects of today’s modern life. Succession planning is important for the HNW and their families to help them safeguard their wealth, make it work for them during their lifetime and ensure that their heirs are enabled for the next generation. Life assurance is an effective solution. And it is this which we seek to demonstrate in Part II of our study, #Success in Succession”.
OneLife exists to overturn conventional attitudes to life assurance. As a specialist in this area with over 25 years’ experience, we develop cross-border financial planning solutions for Ultra High Net Worth, High Net Worth, and High Affluent clients across Europe and beyond.
Whether it’s a question of long-term savings, inheritance planning, or simply understanding how to better manage your wealth, we are dedicated to providing sophisticated, compliant and innovative solutions that are crafted to suit each individual and their evolving needs.
Together with a solid network of select partners — including private banks, family offices and independent financial advisors — our dynamic team of international experts offer a fresh approach that helps understand and anticipate the needs of wealthy clients in a world of change.
With €5bn in assets under management, OneLife is owned by J.C. Flowers & Co — one of the leading investment firms in the international finance industry.
About Scorpio Partnership
Scorpio Partnership is a pioneer in the art of translating the complex needs of wealthy clients into practical, innovative and profitable solutions to target these customers. This award-winning firm has developed client insight from thousands of millionaires and billionaires around the world. With this knowledge, the firm has implemented strategic research, practical consulting and business innovation projects in over 35 countries.