Whether you're starting out with investments, or you've already used up your ISA allowance, an Investment Bond (sometimes known as a Tax Exempt Savings Plan) could be for you.
Investment Bonds can be a tax-efficient way of building up a lump sum for you or your family.
They're investment products, but with an element of life insurance built in.
They put your money to work using the long-term growth potential of the stock market.
You can invest up to £25 a month in addition to your ISA allowance.
The value of investments can go down as well as up so you could get back less than you've paid in and if you cash in within the first two years, you'll get nothing back.
Tax treatment depends on individual circumstances and tax rules could change in the future. Tax-free means the investment grows free from tax, with the exception of any tax that we've already paid on your behalf (for example on dividends form UK shares).
Getting started with an Investment Bond
With our Scottish Bond or Child Bond you could start investing tax-free for you or a special child in your life today.