Prudence Inheritance Bond
Thank you for choosing Prudential and our Prudence Inheritance Bond. We've been helping people with their investments for over 160 years and know how important it is to be financially stable.
What you may be looking for:
Potential income tax benefits
Potential inheritance tax benefits
Receive a natural income stream
The option to save this natural income to withdraw at a later date
Here’s some questions that we get asked by customers who have invested in a Prudence Inheritance Bond. If you still have a question that's not covered or need to make changes, simply contact us via the options shown below.
Where can I get more information on this product?
You can find out more information in the Key Investor Document. Please also see the Key Features document for the Prudence Inheritance Bond - this is a good point of reference for further information. Other useful documents are 'The Policy Rules' and 'The Fund Guide'. They are available from your adviser or direct from us. Our contact details can be found in your Key Features Document.
Where is my payment invested?
Your payment (less any set-up adviser charges you have asked us to deduct) buys units in:
- The Prudence Inheritance Bond Capital Fund, which is linked to the Whole of Life Plan.
- The Prudence Inheritance Bond Income Fund, which is linked to the endowment Plan.
More information on this can be found in your Key Features Document.
Where can I find more information on trusts?
For more information on the trusts used within this Bond and their tax treatment please see the customer guide we've included with your illustration pack or speak to your financial adviser.
Can money be taken out of the Prudence Inheritance Bond?
Whole of Life Plan
No, this plan has been gifted into trust, which will only pay out on your death.
Yes, please see your Key Features for further information.
If you're thinking of making changes to your plan, or paying more money into a pension, it's really important you speak to a financial adviser. They can help you understand if what you want to do is right for you and your aims and circumstances, that may have changed since you took your plan out. They'll be responsible for the advice they give and you'll also have protection from the Financial Ombudsman Service.
Regardless of whether you've taken advice, you can refer any matter to the Financial Ombudsman Service for consideration should you feel that you haven't been treated fairly, or for any other aspect under the Financial Ombudsman Services remit.
Where can I find out the charges for this bond?
How our charges affect your bond are shown in your illustration. You can also find information about how much we charge for each fund in our Investment Options Document and our Fund Guide.
How do I know how my bond is doing?
We will send you an annual statement. You can also get an up to date valuation by calling our Customer Services Department.