Tax Free Savings Plan - Frequently Asked Questions

Below are some frequently asked questions about our Tax Free Savings Plan, however if you can't find what you're looking for, we are able to provide financial advice on this product.

UK residents aged 17 to 74 when their policy starts (excludes the Isle of Man and Channel Islands). Children's plans are also available as long as the child is under the age of 17 when the plan starts and also a UK resident.

Yes. The child need not be your own, nor a relative of yours.  And you can pay into Plans for more than one child if you wish.

Yes, simply send back your "Right to Cancel" form within 30 days (sent with your Plan Documents), and we will refund any payments you've made in full.

For an adult or a child aged 6 or over when the plan starts, the term will be 10 years.

For a child under age 6 when the plan starts, the plan will mature on the Plan anniversary after their 16th birthday.