Prudential Investment Plan
Features
Minimum initial investment |
£10,000 |
Additional minimum investment |
£10,000 |
Wide range of funds | |
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Flexible charges |
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Flexible withdrawals options |
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Tax benefits |
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Additional benefits |
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With this plan you can make payments as and when you want to and choose from a wide selection of funds depending on your attitude to risk.
There are also a range of charging options based on the commission you agree with your financial adviser.
Why choose a Prudential Investment Plan?
- Minimum investment levels
The minimum initial investment is £10,000 and you can make additional investments of at least £10,000. This investment is designed for the medium to long term. Please read the key features. - Flexible charging options
A range of charging options based on the commission you agree with your financial adviser. - Access to PruSelect Fund Range - a wide range of independently selected investments
Access to around 100 funds, selected by independent research company Old Broad Street Research (OBSR), that are managed by some of the UK's leading fund managers. Find out more about the PruSelect Fund Range. - Access Prudential's Multi-asset Fund Range
Access Prudential's multi-asset fund range including the PruFund range of funds. We have over 160 years' worth of experience in managing people's money. Find out more about Prudential's Multi-asset Fund Range. - Additional Fund Choice
These are funds managed by Prudential and other external fund managers and include our Distribution Income funds - read more. - Dynamic portfolio options
Select from five portfolios to suit different investment objectives and attitudes to risk. - Fund switching
Switch between funds free of charge (currently) and with no Capital Gains Tax to pay. Certain restrictions apply to certain funds please see the key features. - Flexible options for withdrawing your money
You can take regular or partial withdrawals from your bond at any time. You can set the amount of regular withdrawals and choose how often it is taken, within certain minimum and maximum levels.
Charges and restrictions may apply and any withdrawals will reduce the value of your plan. - Tax benefits of the Prudential Investment Plan
If you pay tax the Prudential Investment Plan has a valuable built-in tax benefit. This allows you to take out up to 5% of your investment each year from your plan for up to 20 years free from any immediate tax liability. There may however be an additional tax liability when you cash in your plan.
Read more about investments and taxation.This is based on our current understanding as at January 2010 of current tax legislation and HM Revenue & Customs practice, both of which may change without notice. The amount of tax relief actually received will depend on your individual circumstances.
- Additional benefits
The Prudential Investment Plan has several additional features to choose from including automatic rebalancing, programmed switching, guaranteed minimum death benefit and inheritance tax planning. The plan also provides a small element of life cover. Read our key features for more on these.
What will I get back?
This depends on many things including investment performance, which can go down as well as up, any withdrawals, features you choose and charges that may apply.
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Prudential Investment Plan - PruFund Expected Growth Rates
You can see the latest expected growth rates for the PruFund range of funds available through our Prudential Investment Plan in the table below. ShowPlease note the following about the current rates:
- The rates are effective from 25 February 2010 to 24 May 2010.
- The Expected Growth Rates quoted below are shown gross of product charges.
- They are the annualised rates which will be applied daily to increase the unit price of each fund and are set quarterly by the Prudential Directors having regard to the expected long term investment return on the assets of each fund.
- The Expected Growth Rates set at future quarter dates are not guaranteed and may be higher, the same or lower than those applying at the start of your investment.
- The unit price may be adjusted at the start of each quarter or, more rarely (subject to the underlying asset performance), during the quarter, which will affect any growth you receive.
Fund Expected Growth Rates before charges PruFund Growth Fund 6.60% p.a. PruFund Protected Growth Fund (closed to new business with effect from 3 August 2009) 6.60% p.a. PruFund Cautious Fund 6.10% p.a. PruFund Protected Cautious Fund 6.10% p.a. Read more about expected growth rates.
Take action
- For more information on our Prudential Investment Plan speak to your financial adviser or you can read our key features and guides below.
- Read our guide to investments.
Read more
Product Information
- Client Guide (pdf 891k)
- Key Features (pdf 142k)
- Fund Guide (pdf 143k)
- How we provide your fund options (pdf 109k)
- Taxation of Bonds (pdf 300k)
PruFund
- Introducing the PruFund Range of Funds (pdf 429)
- Your With-Profits Plan - A Guide to how we manage the Fund (PruFund) (pdf 127k)
Dynamic Portfolios
Other Funds
- Distribution Income Funds - Income Guide (pdf 48k)
- Your With-Profits Plan(Unitised With-Profits) (pdf 65k)
