Investors Trust

An independent review by our team of experts.

Review summary

Investors Trust

Investors Trust is licensed and regulated by the Cayman Islands Monetary Authority.  

The Cayman Islands has a sovereign credit rating of Aa3(AA-), and do not levy direct taxes.  Investors Trust say: 

"investments held in the Cayman Islands can be tax efficient, depending on the country of residence of the individual investor."

Investors Trust specialises in the provision of medium to long-term investment-linked products, tailored to meet the needs of investors around the world.  It delivers a range of flexible, tax-efficient products, including regular and single premium annuities, designed to suit various income levels and financial planning needs.

With service offices established to support plan participants around the world, but not in the USA, Investors Trust seeks to provide opportunities to its plan participants through access to the global financial markets.

Investors Trust has asked us to confirm it is not a platform provider - but an insurance company - however, it does offer an open architecture Portfolio Bond solution, through which funds, Stocks, ETFs, etc can be purchased, similar to other platform providers.

Investors Trust is not a large company by international standards.  It is based out of Cayman, a well-known offshore jurisdiction described as offering a low-tax, regulation-light environment. 

Overview

Investors Trust Assurance SPC informs us (in relation to client asset segregation) that it has been offering: 

"specialised in investment-linked insurance products since 2002. As Investors Trust Assurance SPC is set up as a Segregated Portfolio Company, all client assets are isolated, or held in individual client level segregated portfolios (administered by highly rated Global custodians), from the company’s assets. The policyholder assets are therefore 100% protected from any company liabilities."  

Investors Trust Assurance SPC is an insurance company that specialises in investment-linked insurance products, rather than a focused investment platform company or trust company. 

All charges can be viewed on their website. We believe that in general, these products have the potential to be a poor choice for expats, given the risk and impact of costs.

Clients are encouraged to manage their investments within their insurance products through Investors Trust’s online platform.  Some of their products have a limited range of 300 funds, however they do include 27 ETFs which no other insurance provider does. You can see the full list by clicking HERE.

ITA has a market leading online system, with 24/7 functionality for advisers and clients.  The whole application process and all servicing is completed online, as well as all the policy management.  It is also available in 7 languages.  You can view their marketing documentation HERE.  

This company offers unit-linked investment products, ranging from lump sum to regular savings plans of up to 25 years.

Within the platform there’s a selection of 15 well-known global asset management firms, and a range of global assets or securities to choose from. There are risk rated portfolios from both ITA and GAM, as well as 27 passive ETFs from iShares.

The platform’s basic ‘Evolution’ product is regular premium savings plan with a fixed term of between 5 and 25 years. According to the independent actuaries, Boal & Co, it is the lowest cost insurance savings plan on the market. They also offer other lump sum investments in their Plus range, which are open-ended with no lock-ins and no upfront commission. 

Other products like the ‘Platinum’ apply surrender charges for the first 5 years.

The combined asset management fee and administration charges range from between 1.5% (if you have £100,000 or more invested) to 3.4% (for the first ten years at least) for lower level investors.

The pros

  • Good technology
  • Different approach from major players
  • Security of the SPC structure

The cons

  • Cayman Island-based
  • Hidden indemnity commissions
  • Uses salespeople to distribute rather than advisers
FAQs
Which asset management firms manage investments within Investors Trust's platform?
  1. AB
  2. iShares
  3. Morgan Stanley
  4. GAM
  5. Schroders
  6. Man group
  7. Investec
  8. Invesco
  9. Pimco
  10. Massachusetts Financial Services Company (MFS)
  11. Pictet
  12. Fidelity
  13. Blackrock
  14. Henderson Global Investors
  15. Franklin Templeton Investments

 

 

 

What are the main products available from Investors Trust?

They have 5 main products: -

  1. Evolution
  2. Platinum
  3. S&P 500 Index
  4. Fixed Income Portfolio
  5. Access Portfolio
Customer reviews
Not what's written on the tin!

I was looking for an investment platform - and that's what I thought I was going to get after the first conversation with a broker...

I did my own digging thankfully.

This is NOT a proper investment platform - it's expenbsive and inflexible and not what I wanted.

Expert verdict
Expert Assessment of Investors Trust

We wouldn’t want to hold money in the Cayman Islands simply because if something goes wrong, we are unsure of the recourse available to the dissatisfied or mis-sold investor. 

We also wouldn’t want to invest with an insurance company – particularly one that looks like it is an investment platform – unless there was a specific tax reason for such a wrapper.

In our opinion, commission paying insurance companies with opaque structures like Investors Trust are unable to treat clients fairly.

If you hold any Investors Trust products, we recommend you get in touch with an international adviser you can trust, or if your Investors Trust holdings are in excess of £50,000, we recommend you have a free, no obligation X-Ray Review™ to give you the information you need to make a decision on the best way forward.

There are sometimes significant benefits to swapping out of such a plan into a lower cost investment vehicle, even if the surrender charges still apply.

“Thank you AES International for helping me and my family with your low cost no-nonsense approach. It is refreshing!”

Kristian Petersson

“With this sort of service you also expect to be paying very high fees, but it’s just not the case. I would definitely recommend AES.”

Jake van den Dries

“In the short time that I’ve been using AES I’ve made nearly ten thousand pounds and couldn’t be happier!”

Jackie Pym

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