About Standard Life's Tailored Investment Bond (TIB)

The Tailored Investment Bond (TIB) provides the same product features as the highly rated Capital Investment Bond and combines these with a clear charging structure which has explicit commission and product charges.

With the principles of the Retail Distribution Review (RDR) and Treating Customers Fairly (TCF) being central to its development – the Tailored Investment Bond offers customers flexibility, control and increased clarity.

Flexibility – control – increased clarity

With the TIB - customers:

• can see a clear separation of commission and product charges providing a clear, easy to understand product
• can withdraw up to 5% a year of the total payments made into the bond without any immediate tax liability
• can top up their bond with an additional investment
• have the option to set the bond up under trust - with the potential to reduce tax liability on their investment and any Inheritance Tax liability
• can access over 140 funds over a wide range of asset classes and fund managers
• can switch funds – currently unlimited and free
• make assignments – capability to transfer all or some segments (up to 1000) to another person
• Phased investment option - please refer to leaflet CIB39 opposite

Award Winning Product & Award Winning Service

When placing your onshore bond business with Standard Life you are choosing a provider that holds a ‘Defaqto 5 Star’ for its Capital Investment Bond.

Taxation

There are several tax advantages to effecting a TIB and further details on this can be found in the Key Features document opposite, however it should be noted that the tax position of a Bond will depend on individual circumstances

References to legislation and taxation are based on Standard Life's understanding of law and HM Revenue & Customs practice at date of publication. Legislation and taxation are likely to change in future.