Tailored Investment Bond
Invest a minimum of £15,000 for the medium to long term
Standard Life’s Tailored Investment Bond is for investments of at least £15,000. While there’s no set term for the bond, investing for five years or more may give your money a greater chance of growing in value. You also have the freedom to switch funds and withdraw money from your investment at any time.
To apply call 0845 272 8810
Overview
The bond offers you a great deal of flexibility.
- No fixed term – but typically held for five years or more
- Flexible – invest more money or take money out whenever you like
- Wide investment choice – choose the level of risk that suits you, from over 150 insured funds – with the option to switch funds at any time, currently free of charge
- Money when you need it – you have the option to make regular withdrawals (from £100) and one-off withdrawals (from £500) so there is no need to cash-in your whole bond if you don’t want to. Withdrawals are subject to an overall limit and will reduce the value of the bond.
| As with any investment, the value of your fund can go up or down and may be worth less than what was paid in. |
You can find full details of our Tailored Investment Bond in the Key Features document (PDF, 210kb).
Find out more
To find out more call us on 0845 272 8810
To apply call 0845 272 8810
To apply call 0845 272 8810
How it works
Eligibility
- You must be aged 18 or over to be a bondholder
- You need to be a resident of the UK or Channel Islands
- You can insure a life, from 3 months to 84 years
- Up to six people can jointly own the bond, and up to six lives can be insured
Minimum and maximum amounts
- Minimum initial investment – £15,000
Adding more money
- Lump sums – the bond gives you the freedom to make additional investments whenever you like. This is subject to a maximum age of 84 (insured life) and a minimum additional investment of £1,000.
Withdrawing money
- Lump sums – withdraw at least £500 each time
- Regular withdrawals – at least £100 a time with a choice of frequency from one month to every 12 months
Switching funds
You can invest in as many funds as you like. Switching funds is currently free of charge. For full details please refer to the Key Features document (PDF, 210kb).
Tax
Each year you can withdraw up to 5% of the total payments made into your bond without any immediate tax liability. Tax rules may change.
Once you have taken withdrawals equal to the total amount paid into your bond, this allowance stops.
If you don’t use your full 5% allowance in a particular policy year, you can carry it forward, until you have used up the whole allowance. You need to keep at least £2,500 in your bond for it to remain open.
If you cash-in part or all of your bond, or take withdrawals in excess of 5% of the total amounts paid into your bond in a policy year, part of your benefit may be treated as a ‘chargeable gain’. This is explained in the Key Features document.
Investment returns
Investment returns aren’t guaranteed. The value of your investment can go up or down so you may get back less than you paid in.
Find out more
To find out more call us on 0845 272 8810
To apply call 0845 272 8810
To apply call 0845 272 8810
Fund choice
Investing in insured funds with Standard Life gives you access to all of the major investment types:
- Stocks and shares – in UK and international equity funds
- Special situations – such as smaller companies and emerging markets
- Corporate bonds – issued by UK and overseas companies
- Gilts – issued by the UK government
- Managed funds – giving you a balanced portfolio through investment in a range of assets
Investment returns
Investment returns aren’t guaranteed. The value of your investment can go up or down so you may get back less than you paid in.
Find out more
To find out more call us on 0845 272 8810
To apply call 0845 272 8810
