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Is this product
right for you? |
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To help you
decide if the Plan is right for you, here is a summary of key points
you should think about. Before investing, please consider not only
the benefits but also all of the risks associated with buying such a
product and the commitment you are making.
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This
Investment may be suitable for you if:
• You have at least £10,000 to invest
•
You
require 100% capital protection at maturity
•
You
don't need access to your money over the next 5 years
•
You
want a plan suitable for Direct, SIPP/SSAS or Offshore Bond
Investments
•
You like the idea of potential income payments linked to the
performance of the FTSE 100 Index but are not reliant on
receiving income
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This Investment may not be
suitable for you if:
• You want to be sure of receiving an income every year from
the money invested
•
You
are not looking for returns linked to the performance of the
stockmarket
• You do not have any
spare money for emergencies
• You may need immediate access to
your money
• You want a known guaranteed rate of return
• You want to add to your investment on a regular basis
• You do not have at least £10,000 to invest |
Risk Factors
Please note that the payment (or not) of the income is
entirely dependant on the level of the FTSE 100 Index at
the Annual Income Observation Date, and might not be
paid at all - so if you want a definite income paid each
year this plan may not be suitable.
•
If
you close your plan early you may get back less than you
paid in
•
When Cater Allen receive your Original Investment, it
will be deposited into a Cater Allen client money
account until the Strike/Effective Date.
•
At the Strike/Effective Date your money will be pooled
and transferred to a Cater Allen named account.
All deposits held by Cater Allen are fully and
unconditionally guaranteed by Santander UK plc.
The guarantee is dependent upon the continued solvency
of Santander UK plc.
• This product may not be suitable if you want a
definite source of income on an annual basis. If
income is not paid following the annual observation, no
income can be paid until the following observation date,
one year later.
• Annual Income payments are dependent on the
official closing level of the FTSE 100 index on each of
the 5 Annual Income Observation Dates. Whether or
not you receive an Annual Income Payment could be
affected by market events on these dates. This
plan is susceptible to short term market fluctuation
occurring on the Annual Income Observation Dates
specified and you should understand and be prepared to
accept this risk. Please refer to the Term Sheet
for further details.
• Unless the performance of your plan meets or
exceeds the rate of inflation, the real value of your
investment will reduce.
• Minimum Original Investment into the Capital
Guaranteed Income Plan is £10,000
• Please note that tax will be deducted from the
gross payment of any Annual Income Payment before it is
paid to you (please see 'What are the tax implications
of this plan? on page 6 of the plan brochure)
• The levels and bases of taxation and reliefs
from taxation can change at any time. The value of
any tax reliefs depend on individual circumstances.
• If you die and your legal representatives
choose not to hold the plan until maturity they may get
back less than you paid in.
Please refer to the Brochure and the Terms & Conditions for full
details. |
