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SCOTTISH FRIENDLY MY LOYALTY SELECT
Scottish Friendly My Loyalty Select (Investment ISA)
        
A plan to help you save your hard earned money for the fun things in life. Start investing today and you could have a pot of money at your disposal every year after 5 to 10 years with the Scottish Friendly My Loyalty Select ISA. My Loyalty Select is an investment ISA - also known as a Stocks and Shares ISA.†
Location: UK
Advantages:
1. You can invest as much as you want provided your total investments in any year (with your Scottish Friendly ISA and/or
a Cash ISA with another ISA manager) do not exceed £15,240.
2. You can invest monthly by Direct Debit or you can make a lump sum payment by single Direct Debit. The minimum monthly
payment is £10 and the minimum lump sum is £100.
3. You can stop, restart, raise or lower contributions whenever you like.
4. Your money will be invested in a My Select policy, which will be held within your Scottish Friendly ISA. Your money will be invested in
the fund or funds specified in your policy schedule and may change at your discretion over time.†
5. You have access to your money at all times, although you should expect to leave your money invested for at least 5 years.
6. If you wish, you can arrange for your payments to automatically increase by 2.5%, 5% or 10% each year. You can stop, increase
or reduce the rate of increase at any time.
7. There is no limit on the number of policies you can take out within your Scottish Friendly ISA provided you do not exceed
your annual ISA investment allowance of £15,240.
Disadvantages:
1. You should note that there will be a £50 deduction from your cash-in value if you cash in your initial My Loyalty Select (ISA) policy before the end of 5 years.
2. Because your investment is linked to the stock market, itís impossible to tell you the exact return you may get in the future
Services:
Each policy is flexible, and you can lower, raise, stop and restart your payments at any time Ė although if youíre aiming to grow your investment for a specific goal, stopping or lowering your payments means youíll take longer to reach it.

AER Rate: Varies on Fund
Interest Paid: Varies on Fund
Notice Period: Instant Access
Min Deposit: £10 pm
Max Deposit: £15,240 per tax year
Initial Fee: £0.00
Exit Fee: £50
Annual Management Fee: £0.00

Products:
My Loyalty Select (ISA) offers a choice of 8 funds so you can select the ones that suit your needs best.
Suitable For:
A helping hand with those annual expenses.
Conditions:
You should consider this a medium to long-term investment for a period of at least five years.
Restrictions:
To apply you must be a UK resident aged 18 or over.
Introductory Offer:
None
Terms and Conditions:
The value of your investment can go down as well as up, so you could get back less than you have paid in.
        
REVIEWS
Scottish Friendly My Loyalty Select (Which Way To Pay - 3/9/2015)
Scottish Friendly My Loyalty Select is ranked 3 out of 5. Based on 1 review.

3 Star Rating

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Scottish Friendly My Loyalty Select
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