Subscribers iconSite access

home subscribe
Saving for the future is important <br> given the current climate
Saving for the future is important
given the current climate
Print
Email
Text size
Comment

Beneficial savings

27 May 2008

NFU Mutual is set to launch a number of special offers designed to help individuals who are considering medium to long-term investment.

From 2 June 2008, customers will be offered the choice of a guarantee or an extra allocation on lump sum investments into its Flexibond and a reduction in charges on ISAs and its Portfolio Investment Plan.

Chris Linpow, investment specialist at NFU Mutual, says, ‘Saving and investing for the future continues to be of paramount importance. Our customers want to save and maximise their returns but – given the current economic climate – we recognise that individuals have different objectives and attitudes to risk.

‘We remain convinced that stock market-linked investments offer superior growth potential and have therefore launched this special range of offers, including a guarantee on our Flexibond and a further range of discounts to reassure our customers and give them choice and more opportunities to invest.’

For lump-sum investments, the benefits include either an enhanced allocation of up to 1.5 per cent on the NFU Mutual Flexibond, up to 50 per cent reduction in initial charges on the Portfolio Investment Plan, a guarantee of at least the return of the original investment on the fifth anniversary for new with-profits investments – both in the Flexibond and for cash ISA transfers – or discounted charges for with-profits and equity-based ISAs.

For regular savers, NFU Mutual is offering general insurance discount vouchers on new regular premiums of £100 plus per month across all its utilised savings products, giving regular savers something to grab their attention.

Linpow adds, ‘There are very few similar guaranteed offerings available in the present market conditions and those that are around generally entail an extra cost to the customer.

‘With inflation remaining a worry, now is a good time for people to review their finances to ensure that they are getting the most from their investments, with the appropriate level of risk.’

User comments

There are currently no comments on this post.

 

Advertisement

Related Content

Interesting links
 

Latest news

picture

Savers losing confidence in banks 6 October 2008

Savers are in a state of confusion over the safety of their hard-earned cash following the collapse of several major US banks and overnight mergers of a few other institutions. more

 
 

Saving and banking in depth

picture

An awfully big disappointment 7 May 2008

Keiron Root assesses the effects of the 2008 Budget on private investors more

 

Guides

A craving for saving? 8 September 2008

It is important to find the right way to save for you - and to choose the right account from instant access, notice or fixed rate accounts to Cash ISAs. Alliance & Leicester's Head of Savings, Hetal Parmar, will be on hand to answer your savings questions in a live webchat, Tuesday 9 September, 1pm.
 

more

 

Special Offers

  • 2008 AIM Guide:

    Essential information for anyone interested in the
    Alternative Investment Market.

  • Growth Company Investor Magazine:

    1 month no obligation free trial providing independent,
    timely and thoroughly researched recommendations on
    high potential smaller companies.

  • Venture Capital Trusts

    Venture Capital Trusts (VCTs) currently have over
    £1 billion to invest in young, growing companies.

  • Annual report service

    Free access to annual reports and other information
    on selected companies