The Fixed Term Cash Deposit – new to our Retirement Account
We listened to you, and we’ve made some significant improvements to our Retirement Account:
The Fixed Term Cash Deposit
With outstanding features and a highly competitive rate of interest payable at the Investment End Date, we believe the Fixed Term Cash Deposit is an attractive investment opportunity for your clients.
- No minimum investment or maximum investment amount
- No additional provider charge for taking out a Fixed Term Cash Deposit through the Retirement Account
- Partial withdrawals are available†
- Paper-free access: no further paperwork to complete once the Retirement Account is set up.
| Scottish Widows Fixed Term Cash Deposit | Standard Life Fixed rate accounts | James Hay Special Deposit Account | |
|---|---|---|---|
| Minimum investment | No | Yes | Yes |
| Partial withdrawals available† | Yes | No | No |
| Paper free access | Yes | Yes | No |
| No additional provider charge | Yes | Yes | Yes |
†No interest will be paid on amounts withdrawn before the Investment End Date.
- Download our case study to find out more.
- Look at our comparison table to see how it compares
- Read our Process Flow for Investment in the Fixed Term Cash Deposit.
Regular investments into the Fund Supermarket
- Clients can now make regular investments into the 1000+ funds available via our Fund Supermarket
- Up to 20 funds can be selected for each regular investment instruction
- You can specify or change the fund allocations online
- Your clients can now phase the movement of funds from their Control Account(s) into Fund Supermarket funds.
Download our process flow to find out more.
Ad hoc fees
With the prior agreement of your client, you’ll now be able to take an ad hoc fee from their Retirement Account to cover the cost of additional advice.
Download our process flow to find out more.
Reduced service charge
for applications received before July 2010, we’ve reduced our service charge for investments up to £200,000.
