Our business is "privatbancassurance" - a concept which combines private banking and investment management services with the sophisticated use of life assurance as a financial planning structure to achieve fiscal advantages and security for wealthy investors and their families.

Privatbancassurance - The wealth management process

There is no single wealth preservation panacea. Wealthy investors have differing needs and it is the role of the personal advisers to design together with Lombard a structure to meet each client's particular needs. In the creation of an effective wealth preservation strategy, the first step is to review together with the personal advisers your financial situation. This review will determine your objectives and identify, for example:

• Timing of the transfer of assets to the beneficiaries
• Retaining control over the assets
• Minimising potential inheritance or succession taxes
• The level of income you require, from your investments, after tax, now and in the future
• Immediate or future tax optimisation of your wealth
• Other implications of your possible relocation to another country.

A consultative advisory service

The development of your strategy should be a truly consultative advisory process, involving not only your private banker or IFA but also your other tax and legal advisers as well Lombard's specialised financial planning experts.

The certainty of your benefits

It is important to emphasise that your relationships with your advisers and investment managers remain unchanged. In certain circumstances you may even widen your investment possibilities within a flexible life assurance structure.

You will have made important and beneficial changes:

• A flexible structure and financial privacy that protect your assets
• Fiscal optimisation on wealth, income and capital gains
• Security of the strongest investor protection regime in Europe