Before choosing one of our products it is important that you consider whether it is right for you. To help with this, we produce documents for each product outlining everything you need to know to make an informed decision. These documents are provided to all applicants automatically and are also available by selecting the appropriate link below:
Documents for our other products are available by contacting us.
Fund information
A Key Investor Information (KII) document is available for all the products (including direct investment in one of our unit trusts) marked with an * above. This provides information about the fund in which the product invests and you should read it before you make a decision to invest.
The documents for the Family Ethical Equity ISA and the Child Trust Fund and Ethical Child Trust Fund that can be accessed using the links above include the Simplified Prospectus. In a similar way to the KII, this provides information about the fund(s) in which the ISA or CTF invest and you should read it before making a decision to open an account.
The prospectuses for our unit trusts and our ICVC are also available here or by contacting us. This document is designed for experienced investors and provides much more complex and detailed information about the funds.
Our Family Bond and Junior Bond invest in unit-linked funds. Further information about our unit-linked funds can be found in the document “How we manage our unit-linked funds” which is available here or by contacting us.
If you decide to invest as a result of this website, you will be doing so without receiving any investment advice. Family Investments does not give advice on the suitability of any of its products. If you have any doubts about the suitability of an investment you should seek independent financial advice.
Buying a product
- If you do not receive a Welcome Pack in the post within 5 business days, you should notify us immediately. This may be done by phone: 0844 8 920 920**. You may also write to us at: Family Investments, 16-17 West Street, Brighton, East Sussex, BN1 2RL.
- We are not obliged to accept your electronic application. It is subject to further checking after being submitted online and should any problems arise from it we will contact you as soon as possible.
Product warnings
- The products listed above (with the exception of the Over 50s Life Insurance Plan) are stock market based. As such, the capital value of the investment and any income from it may fall as well as rise, which may result in you or your child receiving back less than was invested.
- We are unable to reclaim the tax credit on dividend income, which is taxed at source.
Child Trust Fund and Junior ISA
- Any money put into the Child Trust Fund account or Junior ISA belongs to the child. Only the child will be able to access it, and only from age 18.
- Please remember the tax advantages depend on individual circumstances and the tax treatment of the account may change in the future.
- The proceeds that are received from the account will be free of any personal tax liability (i.e. they are exempt from income tax and capital gains tax). The income of the underlying ICVC or unit trust may be subject to corporation tax whilst capital gains are exempt.
Cash Child Trust Fund
- Any money added to a Cash CTF is held on deposit and earns interest. Its value cannot fall but due to the cost of living increasing over time, the child will not be able to buy as much in the future as they could today.
Over 50s Life Insurance Plan
The Over 50s Plan is a whole of life insurance policy and should not be regarded as an investment.
- You are not eligible for the Family Investments Over 50s Life Insurance Plan if you have suffered from a heart attack, stroke or cancer in the last 5 years or have been diagnosed with a terminal medical condition.
- Payment amounts are fixed and paid for life, or until your 90th birthday, but cover will continue for the rest of your life.
- If you stop making payments before age 90, your plan will lapse and you will receive no benefit and no refund.
- If you die in the first year, the amount that will be paid out is limited to a refund of the payments you have made.
- Full benefit is payable after 12 months.
- Double benefit is paid upon accidental death before age 71 (including within the first 12 months).
- If you live long enough, the total payments made may eventually exceed the amount of life cover.
- Increases in the cost of living will reduce the value of the lump sum.
Family Bond, Junior Bond and ISAs
The tax benefits offered by these investments could be removed by future changes in legislation. The value of these benefits can fluctuate and will depend on the holder’s individual circumstances.
Junior Bond
The parent or guardian nominated on the application form will control the policy until the child reaches the age of 18. The Payer’s permission will be required if the plan is to be encashed before the end of the payment term. After this time the child’s signature will be required on documents.
U.S. Investors
Family Investments’ products are not aimed at U.S. investors. The products described in this website have not been registered under the U.S. Securities Act of 1933 and are not offered, and may not be sold, to citizens or residents of the U.S. or U.S. territories.
Security
- We shall accept your electronic application without the need for further written confirmation, so it is important that you take suitable precautions if you are using a computer which can be accessed by other people.
- You should ensure that your personal and banking details are not available to an unauthorised user.
- We cannot accept responsibility for any misuse arising on your computer which results in information being given to us without authority.
Identification
Some of our products require us to verify the identity of investors to comply with anti-money laundering legislation. Where we need to request identification before your investment can start, we will let you know. We may also ask for identification to be provided at other times; for example, when accepting additional payments, processing a withdrawal, transfer, or closure request.
To check what documents are acceptable, please click on the link below.
View the ‘Identification’ document
Member information and corporate governance
Family Investments is committed to complying with the UK Corporate Governance Code as relevant to mutual insurers. In accordance with the Code we are committed to providing information on Family Investments, its management and other information that our members may want to know. To find out more about Family Investments and who qualifies as a member just click on the link below.
Member Information
Family Investments does not provide advice. If you have any doubts about the suitability of this product you should seek independent financial advice.
See our full product listing (PDF)*
Family Investments is a trading name of Family Assurance Friendly Society Limited (incorporated under the Friendly Societies Act 1992, Reg. No 939F), Family PEP Managers Limited (Co. No. 2934967), Family Investment Management Limited (Co. No. 1915516) and Family Equity Plan Limited (Co. No. 2208249) which are authorised and regulated by the Financial Services Authority (25 The North Colonnade, Canary Wharf, London E14 5HS) and appear on the FSA register at http://www.fsa.gov.uk/pages/register . Family Enterprise Limited (Co. No. 2489291) is not authorised or regulated by the Financial Services Authority. Registered in England and Wales at 16-17 West Street, Brighton, United Kingdom, BN1 2RL.
The respective FSA register numbers are:
- Family Assurance Friendly Society – 110067
- Family PEP Managers Ltd – 171880
- Family Equity Plan Ltd – 122351
- Family Investment Management Ltd - 122394
Our VAT number is 620 7942 45.
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** Telephone calls may be monitored or recorded for training purposes. Calls cost 13p plus 3p per minute from a BT landline (correct at 30/12/2011). The cost of non-BT landline calls may differ.
