Product Features
The Flexible Savings Plan features a range of options that give the plan some flexibility. Read about these options below.
Flexible Savings Plan features at a glance
- Regular payments start from £25 a month with savings options to suit almost any budget.
- Increase your payments at any time. Top up regular monthly payments from £5 a month and / or add cash lump sums from £500.
- Pause your savings if you need to, until you are ready to restart them.
- You can withdraw any amount from £500 upwards at any time providing at least £500 remains in the plan after the withdrawal. If you are thinking about taking withdrawals from your investment it is important to understand that if the amount of your withdrawal is higher than the growth on your plan, this will eat into your original investment.
- The Flexible Savings Plan includes a safety net, so that you will not get back less than your regular premiums (less any withdrawals) at the end of the plan term. The safety net only applies to your regular savings and does not apply to any lump sums you pay in. If you cash in early you may get back less than you put in.
- This is a stockmarket related investment and as such there is no certainty that you will make a profit. You could get back less that you pay in.
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