Guaranteed ISA. Including your guide to ISAs. Make the most of your hard-earned money with our Guaranteed ISA

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1 Guaranteed ISA Including your guide to ISAs Make the most of your hard-earned money with our Guaranteed ISA

2 Guaranteed ISA Make the most of your money Making the most of your money is important and one of the best ways to do this is by saving or investing in an ISA. Our Guaranteed ISA is designed for those who want to maximise their ISA allowance and are looking for more than just an average Cash ISA interest rate. In a nutshell If you re looking to put away a lump sum for growth or just want to start saving regularly, our Guaranteed ISA could be your perfect choice. ISA benefits You can maximise your full 11,280 ISA allowance and any returns will be free from personal tax. So you get to keep more. Guarantees Our unique Double Guarantee gives your money protection and locks in any returns at set points. Growth Give your money the opportunity for growth within the 800m Police Mutual Life Fund. Low amounts You can start saving monthly from 40 and make one-off payments from as little as 1,000. Flexibility You can choose to pay by cheque, debit card, direct debit or direct from your salary or pension. Transfers Our dedicated ISA team can help you transfer any of your existing ISAs to us without hassle. No tie-in There is no fixed term so you can access your money at any time.

3 A smoother ride Unlike many other ISAs, our Guaranteed ISA not only gives your money the opportunity to grow, our unique Double Guarantee also protects your money and locks in any growth at set points. It takes advantage of good performance in the financial markets during the good times. And also has peace of mind guarantees at set points to protect your money and lock in any growth if the markets take a downturn. In other words, you get the benefit of the good times and are protected from the bad times. You can t say fairer than that. More opportunity for growth When you choose our Guaranteed ISA, your money is invested in the Police Mutual Life Fund. It s our 800m investment fund in which our members have been saving and investing for over 85 years. It gives your money more opportunity for growth than a deposit-based account, such as a Cash ISA, as it invests in a wide range of different assets such as stocks, shares and bonds. It basically means your eggs aren t all in one basket so your money is best placed to take advantage of any growth in the financial markets. As with all investment plans the value of your ISA can rise and fall. That s why we ve built in safety nets to protect your money. However be aware that you could get back less than you paid in if you access your money between the guarantee points.

4 Everyone loves a guarantee Our unique Double Guarantee is designed to both protect your money and lock in any growth it may achieve at set points. It works in two parts. 1 If your money has grown in value at the first guarantee point, then this growth will be locked in. So this will be your new guaranteed value at your next guarantee point. 2 However, if markets have been unfavourable and the value of your savings has been affected, we promise to restore it back to its original value at the guarantee point the safety net, as we call it. The first guarantee point is five years from the end of the tax-year you first invest and additional guarantee points are then every five years after that. You can find out how the Double Guarantee works in detail in the Key Features section of the Important Information brochure. If you don t have a copy you can download one from our website or call us and we ll happily send one out to you. Don t lose out Start making the most of your money and ISA allowance by opening your Guaranteed ISA today. Before applying please read the Important Information brochure containing the Key Features document. Open your Guaranteed ISA today Call: (Monday-Friday, 8.30am-5.30pm) Visit: policemutual.co.uk

5 Choosing the right ISA With so many ISAs to choose from, finding the right one can be both difficult and confusing. That s why we ve designed our Guaranteed ISA to be as simple and straightforward as possible. Benefits Fixed Term Cash ISA Our Guaranteed ISA Your money is protected at set points Benefit from stock market growth Unlimited growth potential No fixed term No early withdrawal fees or charges Allows full ISA allowance of 11,280 Cash ISA transfers allowed Stocks and Shares ISA transfers allowed Regular saving allowed Lump-sum investment and saving allowed We don t apply early withdrawal charges or fees. Whilst with a Cash ISA your money is secure at all times, if you access your money between guarantee points you ll get back what your Guaranteed ISA is currently worth - which may be more or less than you invested. That s why we ve built in safety nets to protect your money.

6 ISAs made easy Your mini ISA guide What is an ISA? It s a way of saving or investing with any returns being free from personal tax. So you get to keep more of any returns your money makes. What types of ISAs are there? You can open a Cash ISA which is a deposit account that pays an interest rate. Or a Stocks and Shares ISA which invests either directly or indirectly in shares. This type of ISA is usually more risky but can provide better returns. How much can I save and invest? You can save and invest up to a maximum of 11,280 in an ISA within this tax-year (6 April April 2013). You can invest all of this in a Stocks and Shares ISA. Or you can put up to half of it ( 5,640) in a Cash ISA and the rest in a Stocks and Shares ISA. Can I transfer an ISA? Yes you can transfer between providers but there are restrictions. Give us a call and we ll talk you through them. Find out more about ISAs and how we can help you Call: (Monday-Friday, 8.30am-5.30pm) Visit: policemutual.co.uk Police Mutual Assurance Society Limited is an incorporated friendly society authorised and regulated by the Financial Services Authority. Registered office: Alexandra House, Queen Street, Lichfield, Staffordshire WS13 6QS. For your security, all telephone calls are recorded and may be monitored. GISALFT12/13