Pension Bond (Trustee Investment Plan)
The society has been providing savings, investments and protection policies to its members since 1892, and as we are owned by members not shareholders, any surplus funds are used for their benefit.
The Pension Bond is designed for a single premium investment for a minimum period of five years. The amount payable when it is withdrawn will be the Sum Assured plus bonuses which are added during the life of the policy. The final value will depend upon investment performance but bonuses are declared annually by the Society's Committee of Management acting on Actuarial advice. Bonus is not guaranteed to be paid at the same level each year.
The minimum investment is £1000 with a maximum in any one financial year (January to December) of £50,000 per individual.
The bond is designed for use by trustees of occupational or personal pension schemes including self invested personal pension schemes.
More detailed information is available in the brochure and key features linked above. For further details, an illustration or to make an application, please click the following link:
