Kaupthing Singer & Friedlander - How the Scheme Works

Kaupthing Bank - Comprehensive commercial and investment banking services

Kaupthing Bank offers comprehensive commercial and investment banking services to individuals, companies and institutional investors. The Bank is a leading player in all the main areas of the Icelandic financial market, and in addition to Iceland, the Bank's key markets are Denmark and the United Kingdom.

The Bank focuses on the growth and development of its international activities and aims to be one of the leading investment banks in northern Europe. As of 30 June 2008 the number of full-time equivalent positions was 3,207 at Kaupthing Bank and its subsidiaries.

Kaupthing's shares are listed on the OMX Nordic Exchange in Iceland and Stockholm.

For further information about Kaupthing Bank:

How the Scheme Works

The Scheme:

The share must be held for 2 years to qualify.
The portfolio will then fall outside the estate for IHT purposes.
The replacement property rules enable active trading within the portfolio.
Clients retain full access to their capital at all times and can always liquidate their portfolio.
Capital Gains Tax of only 10% is levied on any sales after 2 years.
We supply clear quarterly valuations and password protected internet access to clients' portfolios.

Direct access to the fund managers is available.