Flexible Savings Plan
Prepare for your future by saving for it today
The Flexible Savings Plan is a long term investment plan designed to provide growth for your savings.
Regular payments start from £25 per month over a minimum 10 year period and you can also choose to make additional single premiums from £500. To be eligible for a plan you must be a UK resident (excludes Isle of Man and Channel Islands) and be aged from 17 to 74, when your plan starts.
The Flexible Savings Plan invests in the LV= With Profits fund, which is carefully and professionally managed with the aim of providing growth over the longer term. This is a stock market related investment and as such there is no guarantee that you will make a profit and you may get back less than you invested.
The Flexible Savings Plan will not be suitable for you if you are a higher rate taxpayer when the plan ends.
Tax treatment depends on your personal circumstances. Please refer to the Key Features for details of how contributions and benefits from your plan will be taxed. Any references to taxation are based on our understanding of current legislation and HM Revenue & Customs practice, which is subject to change.
The Flexible Savings Plan features a range of options that give some flexibility. Please read the key benefits for more information relating to the Flexible Savings Plan. Alternatively, use one of the links below to contact us for more information.
Please note that this information should not be considered as advice to take out this plan. It is up to you to decide whether it is suitable for you. If you have any doubt about whether it is suitable you should contact a financial adviser.
Next steps
Please choose one of the options below and we will be happy to provide you with more information.
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