Total Access Bond

This is Canada Life’s newest investment bond which has no penalty at any time on full surrender or death.

The Canada Life Total Access Bond is a single premium investment bond. A summary of the key features of the product is outlined below, but for further information or an application pack you should contact your financial adviser.

Investment

  • Minimum investment £15,000
  • Minimum  top up investment £2,500
  • No maximum age at entry

Charges

  • Establishment fee
  • Investment management charge
  • Annual management charge

Income withdrawal

  • Income withdrawals: minimum £250 p.a payable monthly, quarterly, termly, half-yearly or annually
  • A maximum of 10% p.a. can be taken as a regular withdrawal
  • Withdrawals can be fund specific

Flexibility

  • Extensive range of funds available
  • Easy access to capital
  • Unlimited switches free of charge every year
  • Joint ownership available
  • Opportunity to use trusts for efficient tax or estate planning
  • Loyalty bonus of 0.5% of the fund value after 5 years and every 5th anniversary thereafter
  • Phased investment – a regular switching option

Please note that past performance is not a guide to the future. The value of units can fall as well as rise and currency fluctuations may also affect performance

Page last updated August, 2009 ID 2847.