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Standard Life
Tailored Investment Bond
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Standard Life
Capital Investment Bond
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Standard Life
Distribution Bond
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Standard Life
International Bond
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| Payment
limits |
The minimum amount you can first pay in is £15,000. You can make additional payments when you want. The minimum limit for additional payments is
£2,500.
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The minimum amount you can first pay in is £5,000. You can make additional payments when you want. The minimum limit for additional payments is
£1,000.
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The minimum amount you can first pay in is £10,000 if you want to take a monthly income from the Distribution Fund or £5,000 if you want
to take an income every 4 or 6 months.
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The minimum amount you can first pay in is £20,000. You can make additional payments when you want. The minimum limit for
additional payments is £2,500.
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| Age
limits |
You have to be 18 to invest in the bond and be a bond owner. The bond owner is the person who receives the proceeds of the bond. The minimum age for a life assured is 3 months and the maximum age of a life assured is 84. There can
be up to 6 lives assured. The life assured is the person who’s life is ‘assured’ under the
bond. If the last life assured dies, the investments held in the bond are cashed-in and the death benefits
under the bond are paid out. The minimum and maximum age limits apply to payments to new
bonds and additional payments to existing bonds.
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You have to be 18 to invest in the bond and be a bond owner. The bond owner is the person who receives the proceeds of the bond. The minimum age for a life assured is 3 months and the maximum age of a life assured is 84. There can
be up to 6 lives assured. The life assured is the person who’s life is ‘assured’ under the
bond. If the last life assured dies, the investments held in the bond are cashed-in and the death benefits
under the bond are paid out. The minimum and maximum age limits apply to payments to new
bonds and additional payments to existing bonds.
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You have to be 18 to invest in the bond and be a bond owner. The bond owner is the person who receives the proceeds of the bond. The minimum age for a life assured is 3 months and the maximum age of a life assured is 84. There can
be up to 6 lives assured. The life assured is the person who’s life is ‘assured’ under the
bond. If the last life assured dies, the investments held in the bond are cashed-in and the death benefits
under the bond are paid out. The minimum and maximum age limits apply to payments to new
bonds and additional payments to existing bonds.
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You have to be 18 to invest in the bond and be a bond owner. The bond owner is the person who receives the proceeds of the bond. The minimum age for a life assured is 3 months and the maximum age of a life assured is 84. There can
be up to 6 lives assured. The life assured is the person who’s life is ‘assured’ under the
bond. If the last life assured dies, the investments held in the bond are cashed-in and the death benefits
under the bond are paid out. The minimum and maximum age limits apply to payments to new
bonds and additional payments to existing bonds.
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| Term |
There’s no fixed term so you can invest for as long as you want. It’s intended as a medium-long term investment though so you should really
invest for at least 5 years.
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There’s no fixed term so you can invest for as long as you want. It’s intended as a medium-long term investment though so you should really
invest for at least 5 years.
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There’s no fixed term so you can invest for as long as you want. It’s intended as a medium-long term investment though so you should really
invest for at least 5 years.
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There’s no fixed term so you can invest for as long as you want. It’s intended as a medium-long term investment though so you should really
invest for at least 5 years.
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| Withdrawals |
You can make one off withdrawals when you want. Regular withdrawals can be made every:
Month; 3 months; 4 months; 6 months or year.
The minimum one off withdrawal is £500.
The minimum regular withdrawal amount is £100.
The maximum regular
withdrawal rate is 10% a year of the total paid in.
For a tax efficient income, you can take 5% ‘tax-deferred’ withdrawals each year, for 20 years, until you’ve
taken out 100% of the total amount you’ve paid in. If you don’t use any of this allowance in a specific year
it can be carried forward to future years.
Depending on how you decide to pay your financial adviser and how much you cash in, or if your bond lapses,
there may be a charge on withdrawals in the first 5 years of your bond.
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You can make one off withdrawals when you want. Regular withdrawals can be made every:
Month; 3 months; 4 months; 6 months or year.
The minimum one off withdrawal is £125.
The minimum regular withdrawal amount is £50.
The maximum regular withdrawal rate is 10% a year of the total paid in.
For a tax efficient income, you can take 5% ‘tax-deferred’ withdrawals each year, for 20 years, until you’ve
taken out 100% of the total amount you’ve paid in. If you don’t use any of this allowance in a specific year
it can be carried forward to future years.
Depending on how much you cash in, or if your bond lapses, there may be an exit charge on withdrawals in the
first 5 years.
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The distribution from the Distribution Fund is declared on 16 February and 16 August each year.
You can take the distribution every: Month, 3 months or 6 months.
The amount of income distribution you receive is based on what you’ve paid in, the level of distribution you
have asked for and the level of distributions we declare.
If you want you can ask for distributions to be reinvested back into the fund.
For a tax efficient income, you can take 5% ‘tax-deferred’ withdrawals each year, for 20 years, until you’ve
taken out 100% of the total amount you’ve paid in. If you don’t use any of this allowance in a specific year
it can be carried forward to future years.
Depending on how much you cash in, or if your bond lapses, there may be an exit charge on withdrawals in the
first 5 years.
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You can make one off withdrawals when you want. Regular withdrawals can be made every:
Month; 3 months; 4 months; 6 months or year.
The minimum one off withdrawal is £500.
The minimum regular withdrawal amount is £200.
The maximum regular withdrawal rate is 10% a year of the total paid in, less any one-off withdrawals.
For a tax efficient income, you can take 5% ‘tax-deferred’ withdrawals each year, for 20 years, until you’ve
taken out 100% of the total amount you’ve paid in. If you don’t use any of this allowance in a specific year
it can be carried forward to future years.
Depending on how you decide to pay your financial adviser and how much you cash in, or if your bond lapses,
there may be an exit charge on withdrawals in the first 6 years of your bond.
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| Investment choices |
Choose from over 140 investment funds. You
choose your funds depending on how much risk you want to take and what you want to achieve; growth, income
or both. Invest in up to 100 different funds at any one time.
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Choose from over 140 investment funds. You
choose your funds depending on how much risk you want to take and what you want to achieve; growth, income
or both. Invest in up to 100 different funds at any one time.
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Invested 100% in the Distribution Fund. The
Distribution Fund aims to provide an income of 5% a year, though this return is not guaranteed.
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Choose from over 1,700 investment funds.
You can also invest in:
Whole of market funds
Deposit accounts
Structured deposit accounts
Or through Discretionary Investment Managers
You choose what to invest in depending on how much risk you want to take and what you want to achieve;
growth, income or both.
There’s no limit on the number of investments you can invest in at any one time.
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| Investment switches |
Switch funds at any time, currently free of charge. There is a phased investment option. This allows you to gradually invest your money into your chosen
investment funds over a year, so you’re not exposed to the unit price of a fund on one particular day.
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Switch funds at any time, currently free of charge. There is a phased investment option. This allows you to gradually invest your
money into your chosen investment funds over a year, so you’re not exposed to the unit price of a fund on
one particular day.
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You can switch out of the Distribution fund when you want, currently free of charge. If you want to switch you can choose from over 140
investment funds. You choose your funds depending on how much risk you want to take and what you want to
achieve; growth, income or both.
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Switch between most investment types and funds free of charge.
Some deposit account and structured deposit
account providers may make a charge if you cash in before the end of the term of the account. We will charge
you for switching to and from any ‘whole of market’ fund.
There is a phased investment option. This allows you to gradually invest your money into your chosen
investment funds over a year, so you’re not exposed to the unit price of a fund on one particular day.
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| Tax |
We pay the tax on any gains while your money’s invested. This means if you’re a non tax payer or basic rate tax payer, you won’t normally
have any more tax to pay on the proceeds of the bond but you can’t reclaim tax that has already been
paid.
Higher rate and additional rate tax-payers will have more tax to pay on any gains when they cash in the
bond.
Any gain when the bond is cashed in is added to your income and taxed as such.
If this takes you into the next tax bracket, there are tax reliefs available that can help reduce the effect
of this and the tax you have to pay.
You should discuss your own tax position and circumstances with a financial adviser before investing.
Remember, you can also take out 5% of your initial investment each year without any liability to tax. See
the withdrawals section for more information.
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We pay the tax on any gains while your money’s invested. This means if you’re a non tax payer or basic rate tax payer, you won’t normally
have any more tax to pay on the proceeds of the bond but you can’t reclaim tax that has already been
paid. Higher rate and additional rate tax-payers will have more tax to pay on any gains
when they cash in the bond.
Any gain when the bond is cashed in is added to your income and taxed as such.
If this takes you into the next tax bracket, there are tax reliefs available that can help reduce the effect
of this and the tax you have to pay.
You should discuss your own tax position and circumstances with a financial adviser before investing.
Remember, you can also take out 5% of your initial investment each year without any liability to tax. See
the withdrawals section for more information.
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We pay the tax on any gains while your money’s invested. This means if you’re a non tax payer or basic rate tax payer, you won’t normally
have any more tax to pay on the proceeds of the bond but you can’t reclaim tax that has already been
paid. Higher rate and additional rate tax-payers will have more tax to pay on any gains
when they cash in the bond.
Any gain when the bond is cashed in is added to your income and taxed as such.
If this takes you into the next tax bracket, there are tax reliefs available that can help reduce the effect
of this and the tax you have to pay.
You should discuss your own tax position and circumstances with a financial adviser before investing.
Remember, you can also take out 5% of your initial investment each year without any liability to tax. See
the withdrawals section for more information.
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You only normally pay tax when you take money out of the Bond.* This can help you control when and how much tax you pay, by timing any
withdrawal with when you are paying a lower rate of tax or if you plan to move or work abroad in a country
with more favourable tax rates.
This can help you by timing any withdrawal with when you are paying a lower rate
of tax or if you plan to move or work abroad in a country with more favourable tax rates.
Any gain when the bond is cashed in is added to your income and taxed as such.
If this takes you into the next tax bracket, there are tax reliefs available that can help reduce the effect
of this and the tax you have to pay.
You should discuss your own tax position and circumstances with a financial adviser before investing.
Remember, you can also take out 5% of your initial investment each year without any liability to tax. See
the withdrawals section for more information.
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| Inheritance planning and passing on wealth |
Choose from a choice of trusts to help with estate planning. You can also assign all or part of your bond to another adult. They then own
this part of the bond, can choose their own investments and pay tax at their own income tax rate on any
gains when they cash it in.
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Choose from a choice of trusts to help with estate planning. You can also assign all or part of your bond to another adult. They then own
this part of the bond, can choose their own investments and pay tax at their own income tax rate on any
gains when they cash it in.
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Choose from a choice of trusts to help with estate planning. You can also assign all or part of your bond to another adult. They then own
this part of the bond, can choose their own investments and pay tax at their own income tax rate on any
gains when they cash it in.
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Choose from a choice of trusts to help with estate planning. You can also assign all or part of your bond to another adult. They then own
this part of the bond, can choose their own investments and pay tax at their own income tax rate on any
gains when they cash it in.
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| Risk &
Return |
Choose the right level of risk for you. The value of your bond and any income from it can go down as well
as up. This bond does not offer a capital guarantee.
If you take an income or capital withdrawals that exceed the growth of your bond, you will reduce its
value.
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Choose the right level of risk for you. The value of your bond and any income from it can go down as well
as up. This bond does not offer a capital guarantee.
If you take an income or capital withdrawals that exceed the growth of your bond, you will reduce its
value.
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The value of your bond and any income from it can go down as well as up. This bond does not offer a capital guarantee. If you take an income or capital
withdrawals that exceed the growth of your bond, you will reduce its value.
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Choose the right level of risk for you. The value of your bond and any income from it can go down as well
as up. This bond does not offer a capital guarantee.
If you take an income or capital withdrawals that exceed the growth of your bond, you will reduce its
value.
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* There may also be withholding tax payable on certain investment funds. This is a
tax that some countries deduct from dividends and interest payments to foreign investors. It is not possible
to reclaim withholding tax.
All of these options should be thought of as medium to long-term investments, typically held for at least
5 years. Their value can fall and rise over time and you may not get back the amount you originally
invested. Tax rules can change.