Childs Standard
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This is a regular savings plan designed to provide a lump sum for your child at the end of a fixed term. You can choose any term between 10 and 25 years. A chance to provide a larger lump sum for your child
Under current regulations you are allowed to invest up to £25 a month tax efficiently for each child and sums in excess of this amount are invested in our standard fund.
How it works
As a traditional with-profits plan, regular bonuses may be added to the sum assured throughout the selected term. Once these bonuses have been added they cannot be taken away as long as you continue to pay throughout the selected term.
Life cover is included
The policy also provides a minimum amount of life assurance as standard. This would pay a lump sum if the child were to die at any time during the savings term.
Who is the policy for?
Any child who will be aged 16 or over when the policy matures.
1. The Financial Services Authority (FSA)
The FSA is the independent watchdog that regulates financial services. It requires us to give you this document. Use this information to decide if our services are right for you.
2. Whose products do we offer ?
3. Which service will we provide you with?
4. What will you have to pay us for our services ?
5. Who regulates us ?
HEALTHY INVESTMENT OF 2 THE OLD COURT HOUSE TENTERDEN STREET BURY BL9 0AL is authorised and regulated by the Financial Services Authority. Our FSA Register number is 109994.
Our permitted business is Tax Efficient Savings, Investment Bonds, Life Assurance, Mini Stocks and Shares ISA's and Child Trust Fund. You can check this on the FSA's Register by visiting the FSA's website http://www.fsa.gov.uk/register or by contacting the FSA on 0845 606 1234 6. Loans and ownership
The Rechabite Friendly Society Limited trading as Healthy Investment is wholly owned by its members.
7. What to do if you have a complaint
If you wish to register a complaint, please contact us:
In Writing: Healthy Investment, 2 The Old Court House, Tenterden Street, Bury BL9 0AL
By phone: Telephone 0161 762 5790
If you cannot settle your complaint with us, you may be entitled to refer it to the Financial Ombudsman Service
8. Are we covered by the Financial Services Compensation Scheme (FSCS) ?
We are covered by the FSCS. You may be entitled to compensation from the scheme if we cannot meet our obligations. This depends on the type of business and the circumstances of the claim.
Most types of investment business are covered for 100% of the first £30,000 and 90% of the next £20,000 so the maximum compensation is £48,000.
Further information about compensation scheme arrangements is available from the FSCS.
You can obtain a printable version of this page in  pdf format from downloads
You can download the full key features for this product, the terms and conditions and the guide to how we manage our 'With Profits' business, from the links below:
Download Key Features PDFDownload Terms and Conditions PDFDownload Guide to 'With Profits' Business
You can apply in any of the following ways:
Please enter your details below, then click on the "Submit Details" button. Your Details
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