Personal Investment Plan

This product is available from the 28th June, 2010.

Our Personal Investment Plan aims to help your money grow in the medium to long term. 

It is a flexible way of investing in the stock market and offers a wide range of funds created to match your investment objectives. It currently allows you to make additional investments and offers some life cover in certain circumstances.

You can move your money between available funds at anytime if your plans or goals change and currently there is no charge for this.
You can take some or all of your money out at anytime however there may be an early withdrawal charge in the first 3 years.

You can start a Personal Investment Plan with a £3,000 lump sum. Remember you should always look to invest for at least 5 to 10 years as this is a long-term investment.

View information about Personal Investment Plans opened before 24th June, 2010 

• Invest a lump sum of at least £3,000
• Make additional payments of £250 or more to your plan at any time.
• Loyalty bonus added to your plan at 5, 10 and 15 years
• Can be held in joint names
• Access to your money when needed
• There is a yearly management charge of 1.35% for this product. This may be reduced depending on how much you invest
• There is an initial charge of 2% of each payment you make

Please approach investment planning with care and look to invest for at least 5 years. An early withdrawal charge will be applied to your plan if you cash in some or all of it within the first three years.

Funds are how your money is invested in the stock market. There are a range of funds that offer different levels of risk and potential returns. You should be prepared to invest for at least 5 to 10 years to benefit from the potential growth in the stock market.

Your financial adviser will help you choose the fund which is right for you.

To apply for a Personal Investment Plan or discuss whether it might be suitable for you, book a no-obligation appointment with a financial adviser.

You can book an appointment online or call 0845 604 1401.* 

*Lines are open Monday to Friday 8am - 8pm & Saturday 10am - 2pm.