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You can make additional payments when you want. The minimum limit for additional payments is £1,000.

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.

You can make additional payments when you want. The minimum limit for additional payments is £2,500.

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.

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.

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.

It’s intended as a medium-long term investment though so you should really invest for at least 5 years.

It’s intended as a medium-long term investment though so you should really invest for at least 5 years.

It’s intended as a medium-long term investment though so you should really invest for at least 5 years.

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.

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.

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.

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.

The Distribution Fund aims to provide an income of 5% a year, though this return is not guaranteed.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.