Key features of the Forester Life Savings & Investment
Plan
Its Aims
To provide a straightforward, low cost way for you to
build up regular savings and/or lump sum investments.
To give you easy access to your savings and
investments.
To achieve medium to long-term capital growth in a
risk-controlled stakeholder fund which invests in a spread of
stocks and shares.
Your Commitment
You should aim to save a regular amount each month
and/or invest lump sums.
Regular savings will increase each year in line with
inflation.
Your Savings & Investment Plan has no specific
term, however you should aim to invest for at least five years.
Risk Factors
The value of your plan may fluctuate as the value of
the investments in the Forester Life Stakeholder Managed Fund 2 can
go down as well as up. You may get back less than you have
invested.
If you exercise your right to cancel, the amount
returned to you may be lower if the price of units bought on your
behalf has fallen.
If you do not maintain your regular savings you may
not meet projected investment targets.
If you are a higher rate taxpayer or are close to
becoming one when you make a withdrawal or cash-in your plan, you
may be liable to tax on the amount encashed.
Whilst this account meets the standards for a
stakeholder scheme this does not necessarily mean that the
investment is suitable for you or that there is any guarantee of
performance.