Capital Investment Bond

A Capital Investment Bond aims to give your money the potential to grow in value over the medium to long-term. You can also choose to take withdrawals from your investment at any time.

There is no set term on a Capital Investment Bond however it should be thought of as a medium to long-term investment, taken out for at least five years.

Some of the key features include:-

• Wide choice of over 140 investment funds for your investment bond via different fund managers.
• As well as aiming to provide growth for your money, your Capital Investment Bond can also be used to take regular withdrawals.
• Minimum single payment into Capital Investment Bond of £5,000. If you invest in the Distribution Fund and choose to take a monthly income from the fund, the minimum single payment is £10,000.
• You can take tax deferred withdrawals each year of up to 5% of the total payments made into your bond, up to a maximum of 100% of the total amount paid into the bond. If you do not use your allowance in a particular policy year, you can carry it forward to a future year. Once the withdrawals exceed this amount, the tax allowance stops.
• Additional investments can be made at any time. (Subject to any maximum age limit and a minimum investment of £1,000 each time)
• Stepped charging option will apply to any bonds taken out after 19 June 2009.

For additional investments into an existing bond taken out between 13 September 2004 and 19 June 2009 there is a choice of charging options - Stepped or Level (for full details of charges, please refer to the Key Features document -CIB17).

Level charging will apply to any bonds taken out before 13 September 2004.

You can view all the funds, both Level and Stepped on our website.

Important Information

Use the links below to find out more about our Capital Investment Bond. Before buying a product, you need to be aware of the risks and commitment involved. Details are available in the Key Features Document (CIB17) below.