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You are here: Group Factsheet

Life Funds / Skandia Life

Investment Bond

Key details
Fund range rating fund range rating: 4
Product type Investment Bond
Premium type Single Premium
Fund switching available tick
Income withdrawal facility tick
Self-investment facility cross
Stakeholder plan cross
Loyalty bonus cross
Protected portfolio cross
Funds available within this product 438
Date 21-Dec-09
Notes on special offers: There is currently a special offer of an extra 2% allocation until 31st December 2010.

Premiums
Minimum amount-Annual n/a
Minimum amount-Monthly premium n/a
Minimum amount-Single premium £10,000
Minimum amount-Transfer premium n/a

Withdrawals
Annual withdrawal without penalty 5.00%

Allocation Rate
  102.50% - 105.00%

Charges
Product annual charges 0.75%
Product exit charges Up to 7% in year 1, reducing to 0% after 7 years
Notes: 0.75% p.a. Skandia amc, plus an annual fmc depending on the fund(s) chosen

Commission
Initial commission 4.20%
Notes: 4.2% initial plus marketing allowance NB. 7% on std commission terms
This product provider's service level

Skandia Life


User rating:

star rating :



Based on 96 respondent(s)
Customer service rating
Member / Policyholder communications star rating : 4
Administration speed star rating : 4
Administration accuracy star rating : 4
Online services star rating : 4
Group scheme - premium collection star rating : 3
 
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