Announced details
Inheritance, asset succession, long-term asset management
Customers can choose between 2 inheritance methods: Wrap Inheritance and Cash Inheritance. Contract assets can continue to be managed without being converted to cash.
Daiwa Fund Wrap fees are capped at 1.54% of the fair market value of contract assets (annual rate, tax inclusive). Indirect costs, including trust fees and other expenses relating to the investment trusts in which assets are invested, also apply, but their rates, caps and other details cannot be presented in advance.
The company does not address Contract Value / Impact on Business Performance.
| Item | Details |
|---|---|
| Names of Products / Services Covered | Daiwa Fund Wrap, Beneficiary Designation Service upon Inheritance, Wrap Inheritance, Cash Inheritance |
| Offering price | Daiwa Fund Wrap fees are capped at 1.54% of the fair market value of contract assets (annual rate, tax inclusive). Indirect costs, including trust fees and other expenses relating to the investment trusts in which assets are invested, also apply, but their rates, caps and other details cannot be presented in advance. |
| Contract Date | 1 April 2026 (announcement date). When using the service, the customer and beneficiary enter into a contract for a gift upon death. |
| Launch date | 20 April 2026 (scheduled service launch) |
| Applicable area | Inheritance, asset succession, long-term asset management |
| Quantitative Effects | Customers can choose between 2 inheritance methods: Wrap Inheritance and Cash Inheritance. Contract assets can continue to be managed without being converted to cash. |
Items this document does not state (12)
These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.
The reasons the company gives
The company's own explanation, not something inferred from the numbers.To enable customers to continue managing their assets over the long term without interrupting management when inheritance occurs. The service also responds to demand for financial services that facilitate the smooth transfer of assets to the next generation amid population aging and increasingly diverse family structures.