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Is this product
right for you? |
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This investment may not be suitable for you
if:
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You are not looking for an investment linked to the
performance of stock markets
•
You want a regular income
•
You may need immediate access to your
money
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You want to add to your investment on a regular basis
•
You do not have £7,200 to invest |
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This investment may be suitable for you if:
• You want a potential fixed growth return
at maturity
• You want a
capital secure investment
• You don’t need
access to your money over the next 3 or 5 years
• You have a
minimum of £7,200 to invest
• You want a tax
efficient investment (investments via an ISA will only be
accepted in the 5 year option)
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Investment Risks
• Your circumstances could
change, forcing early encashment of your Plan. If this
happens, you may get back less than the amount you
originally invested. The value of the Plan will be
determined by the price at which the Investments can
actually be sold on the relevant Dealing Date. See ‘What
happens if I cash my investment in early?’ on page 9 of
the brochure.
• The investment requires the purchase by the Plan
Manager of one or more securities with a fixed maturity
date. These will be held on your behalf and will have
been specifically structured to match the Investment
Objectives of the Plan.
The Issuer of the Securities’ capacity to meet its
financial commitments is considered strong. This is
supported by an independent assessment from a leading
credit rating agency, Standard & Poor’s, which gives the
Issuer a rating of AA-, as at 18 July 2008.
However, there is a risk that the Issuer may fail to
meet its obligations and it is you, the Investor, that
faces this risk rather than the Plan Manager.
• The terms of the investment may permit the issuer of
those investments to withhold, defer, reduce or even
terminate payments in certain events, as a result of
which investors may receive less than they would
otherwise or may have to wait for the proceeds.
• The levels and bases of taxation and reliefs from
taxation can change at any time. The value of any tax
reliefs depend on individual circumstances. The
favourable tax treatment of ISAs (and any previous PEPs,
now known as ISAs) may not be maintained in the future.
• Consideration given prior to making a transfer of
existing investments should include the exit and
associated charges of transferring your existing
investments and the potential for loss of income or
growth whilst the transfer is pending.
• The FTSE™ 100 Index is a capital-only index and takes
no account of dividend returns. As a result you will not
receive any dividend payments or distributions.
• Linking the final amount you will get back to the
closing level of the FTSE™ 100 Index on one particular
day means that the growth could be subject to short term
market fluctuations at that time.
• Careful consideration should be given to the benefits
and risks of this Plan and its suitability to your own
personal circumstances and attitude to risk.
Please refer to the Brochure and the Terms & Conditions for full
details.
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