Austin
Achieving asset consolidation and long-term compounding growth through PPLI
Services Provided
Insurance Planning
Legal & Tax Structuring
Client Background
Austin is a successful Asian entrepreneur, married and father of two teenage children, currently residing in the UK. He sold his company two years ago, shortly after arriving in the UK. When he sold his company, he was unsure what he wanted to do next. As he wanted his capital to keep growing, he invested in a diversified portfolio that includes private equity, funds, structured products, equities, and bonds.
Austin had been considering the use of a Trust for some longer-term planning, but in April 2025, the taxation of trusts changed for individuals who are UK residents but not domiciled.
Austin is seeking an alternative to a Trust, that will give him the same tax efficiency.
Client’s Goals
Remain invested to achieve investment returns to preserve the value of his capital.
Ensure that his investments are tax-efficient and compliant with the UK tax regime.
For now, Austin needs the ability to make withdrawals to meet lifestyle expenditure.
Managing his diverse and scattered portfolio is time-consuming and unsustainable.
Our Tailored Solutions
Having considered Austin’s need for investment growth, tax efficiency and regular access to liquidity, Oakcean structured a Private Placement Life Insurance (PPLI) policy for Austin. With a carefully selected partner insurance broker, Oakcean helped open the account and transfer in the existing portfolio.
Austin appointed Oakcean as the investment manager to oversee and execute the investment. His children were designated as the beneficiaries of the PPLI policy.
Outcome
The investment portfolio was consolidated under one policy, making it easier to manage and also increasing privacy.
In a PPLI, investment capital gains and income taxes are deferred during the life of the policy.
Austin can withdraw up to 5% of the value of the original capital tax-free each year. He can use this to maintain his desired standard of living.
Upon the claim of the policy, the assets are distributed directly to his children, ensuring smooth and efficient wealth transfer.
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