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NPI offer Pension Trustees With Profits

NPI


TRUSTEE WITH-PROFIT BOND


Type: Trustee investment plan aimed at trustees of small self-administered schemes and self-invested personal pensions.


Minimum investment: Initial – £25,000, additions – £10,000.


Investment choice: Unitised with-profits.


Bonus rate: 7 per cent interim plus special 2 per cent bonus until December 31, 1999.


Allocation rates: £10,000 to £24,999 (increments only) – 101 per cent, £25,000 to £49,999 – 101.25 per cent, £50,000 to £99,999 – 101.5 per cent, £100,000 to £249,999 – 101.75 per cent, £250,000 to £499,999 – 102 per cent and £500,000 plus – 102.25 per cent.


Charges: Initial – nil, annual – nil, early surrender – year one – 9 per cent decreasing by 2 per cent a year until 1 per cent in year five.


Options: Regular withdrawals up to a maximum of 10 per cent of the value of the bond.


Commission: Initial – 5.2 per cent plus uplift or 3 per cent plus uplift and renewal – 0.5 per cent.


Tel: 01892 596098.

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