Optimising beneficiary nominations for policy wrappers: Local, Offshore, and ILLAs

In this edition of Ninety One Masterclass, Albert Coetzee, Head of Global Investment Platform, discusses the essential details of nominated and alternative beneficiaries across key investment products. He emphasises properly structuring these nominations to ensure efficient asset transfer and minimize issues like probate and tax liabilities. Coetzee also offers insights on applying these strategies to portfolios like the Local Life Portfolio for better estate planning outcomes.