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Bond charges

Understand your investment bond charges

flexible guarantee investments

Including Flexible Guarantee Bond (All Series), Flexible Guarantee Funds (All Series) and Flexi Guarantee Plan

If you already have a Flexible Guarantee Investment with a guarantee (in either a Bond or via your pension), the charge for this will be shown in your product documentation or yearly statement.

  • If you‘re thinking of investing in a Flexible Guarantee Bond Series 3, or you already have a bond and are thinking of either purchasing a new guarantee, replacing your existing guarantee (to lock in gains), or your current guarantee term is ending soon, the tables below show the current charges for new guarantees.
  • The guarantee choices available to you will depend on the date your bond started.
  • The charges for buying a new Guarantee can change at any time, but once you've bought a Guarantee it's charge will not change during the Guarantee term.
  • Guarantees are bought at an extra monthly cost and are explained fully within the product documentation.

Did you invest on or after 12 June 2017? 

If you invested on or after 12 June 2017 and your Bond Conditions reference is FGB(S3)1 or your Flexible Transitions Account Terms & Conditions reference is FTA6 or FTABD2, you can choose from the following guarantee terms:

Yearly charge
Fund 8 year 9 year 10 year
Cautious Series 2 1.4% 1.2% 1.0%
Balanced Series 2 N/A N/A 1.3%
Managed Growth N/A  N/A  1.5% 
Fund 8 year 9 year 10 year
Cautious Series 2 1.4% 1.2% 1.0%
Balanced Series 2 N/A N/A 1.3%
Managed Growth N/A  N/A  1.5% 
Guarantees
Guarantees are bought at an extra monthly cost and are explained fully in your product documents. The guarantee charge is taken monthly, as 1/12 of the yearly charge stated in the table. Please remember that these charges can be changed at any time.

Did you invest between 22 October 2012 to 11 June 2017? 

If you invested between 22 October 2012 and 11 June 2017 and your bond conditions have the reference FGB2(1) or FGB2(2) or Flexible Transitions Account Terms & Conditions reference FTA4, FTA5 or FTABD1 , then you can choose from the following guarantee terms:

Fund 8 year 9 year 10 year
Cautious Series 2 1.2% 0.9% 0.7%
Balanced Series 2 N/A N/A 1.0%
Managed Growth N/A  N/A  1.7% 
Fund 8 year 9 year 10 year
Cautious Series 2 1.2% 0.9% 0.7%
Balanced Series 2 N/A N/A 1.0%
Managed Growth N/A  N/A  1.7% 
Guarantees
Guarantees are bought at an extra monthly cost and are explained fully in your product documents. The guarantee charge is taken monthly, as 1/12 of the yearly charge stated in the table. Please remember that these charges can be changed at any time.

Did you invest between 20 August 2012 and 5 September 2014?

If you invested between 20 August 2012 and 5 September 2014 and your bond conditions have the reference FGB3, then you can choose from the following guarantee terms:

Yearly charge
Fund 8 year 9 year 10 year
Cautious Series 2 1.2% 0.9% 0.7%
Balanced Series 2 N/A N/A 1.0%
Managed Growth N/A  N/A  1.7% 
Fund 8 year 9 year 10 year
Cautious Series 2 1.2% 0.9% 0.7%
Balanced Series 2 N/A N/A 1.0%
Managed Growth N/A  N/A  1.7% 
Guarantees
Guarantees are bought at an extra monthly cost and are explained fully in your product documents. The guarantee charge is taken monthly, as 1/12 of the yearly charge stated in the table. Please remember that these charges can be changed at any time.

Did you invest between 9 August 2010 and 17 August 2012?

If you invested between 9 August 2010 and 17 August 2012 and your bond conditions have the reference FGB2, then you can choose from the following guarantee terms:

Fund Guarantee (yrs) Charge
Cautious Series 2 5 1.0%
Balanced Series 2 5 2.0%
Managed Growth 5 2.75%
Fund Guarantee (yrs) Charge
Cautious Series 2 5 1.0%
Balanced Series 2 5 2.0%
Managed Growth 5 2.75%
Guarantees
Guarantees are bought at an extra monthly cost and are explained fully in your product documents. The guarantee charge is taken monthly, as 1/12 of the yearly charge stated in the table. Please remember that these charges can be changed at any time.

Did you invest between 18 August 2009 and 6 August 2010? 

If you invested between 18 August 2009 and 6 August 2010 and your bond conditions have the reference FGB1, then you can choose from the following guarantee terms:

Fund Guarantee (yrs)  Charge
Cautious Series 2 5 1.0%
Balanced Series 2 5 2.0%
Managed Growth 5 2.75%
Fund Guarantee (yrs)  Charge
Cautious Series 2 5 1.0%
Balanced Series 2 5 2.0%
Managed Growth 5 2.75%
Guarantees
Guarantees are bought at an extra monthly cost and are explained fully in your product documents. The guarantee charge is taken monthly, as 1/12 of the yearly charge stated in the table. Please remember that these charges can be changed at any time.