With our tax-free investment bonds, you can put aside a regular amount with the aim of building a handy cash sum for you or a child under the age of 16 for later in life.
Our tax-free investment bonds
- Put aside between £15 and £25 a month for 10 years, in addition to your ISA allowance.
- The money is invested in a single fund.
- The bond is the property of the policyholder.
Tax-free means the fund your/ the child's plan invests in grows free of income and capital gains tax (other than tax on dividends from UK shares). Please note that tax treatment depends on your individual circumstances and tax law may change in the future.
You could get back less than you've paid in and if you cash in within the first 2 years, you will get nothing back.
For tax reasons, a small amount of life cover is also included in each bond.
Other tax-free investments
No advice has been provided by Scottish Friendly. If you are in any doubt as to whether a plan is suitable for you, you should contact a financial adviser for advice. If you do not have a financial adviser, you can get details of local financial advisers by visiting www.unbiased.co.uk. Advisers may charge for providing such advice and should confirm any cost beforehand.