Tax Exempt Savings Plans

The Kingston Unity Tax Exempt Savings Plan is an easy way to save for the future, by putting aside a small amount from as little as £5.00 up to £25.00 per month or between £50 and £270 annually. You can also choose how long you would like to save for - perhaps to link in to a child's 18th birthday or as part of a retirement nest egg - the minimum term is 10 years and the maximum is usually 30 years.

We also give you security by providing a guaranteed minimum tax free amount on maturity (assuming all the premiums have been paid) and this will depend on how much you decide to save and for how long. You also have the option to take a plan with a minimum death benefit or look to make the most of your savings by not taking it.

In addition to the guaranteed lump sum we may declare a bonus each year based on the performance of the underlying investments, and whilst the level of this is not guaranteed, once added it cannot be taken away, provided the Plan is taken to maturity. You may also get a ‘terminal’ bonus when the Plan matures. Both of these bonuses are tax free under current legislation.

For full information please download and read the relevant Tax Exempt Savings Plan Information Pack which includes our Key Features & Product Guide along with a generic illustration of this product.To apply for this product you will need to download an application pack.

Packs are available for the basic Tax Exempt Savings Plan, Tax Exempt Savings Plan with Life and Child Tax Exempt Savings Plan.

If you require a specific illustration or need further details please contact us on 01924 240164 or email enquiries@kingstonunity.co.uk.

For any further details on any of our products please get in touch:

Key Features:

  • Save from a minimum of £5 per month or £50 per year (if premiums paid yearly) up to a maximum of £25 per month or £270 per year (if premiums paid yearly).The level of Premiums must be fixed at onset.
  • Guaranteed tax free lump sum payable at maturity.
  • Possible addition of regular bonuses to your plan, depending on performance of the fund.
  • The policy can be underwritten with or without life cover
  • This plan is also available for children
  • Your premiums are invested in the Kingston Unity With-Profits Fund.

Frequently Asked Questions:

Where are my premiums invested?

The premiums are invested in the Kingston Unity With-Profits Fund which invests in a mixture of assets such as property, fixed deposits, shares and cash. Find out more »