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Products |
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The Transport
Friendly Society offers two main types of product: |
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Savings
Plans |
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TFS offers
savings plans for adults and children.
Adults |
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You can choose to save for either
ten years or to age 60 or 65, subject to a minimum term
of ten years. |
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We
pool everyone’s money together and invest it in stocks
and shares, government stocks (sometimes called gilts),
corporate bonds. Some money is also deposited with major
banks. |
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Subject
to the satisfactory performance of these investments, each
year we add a bonus to each policy. The level of bonus
can vary from year to year depending on investment performance. |
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Each
year we will send you a bonus notice to let you know how
your policy is progressing. |
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It’s
important to remember that our savings plans are long term
contracts and if you surrender before maturity you could
get back less than you paid in. |
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Children’s Savings Plan |
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If you have children, stepchildren or grandchildren you can start
a savings plan for them.
Imagine how they would feel at 18 having a lump sum to help purchase
their first car or start them off at University. The policy works
in the same way as the adults plan and runs for a fixed period which
you decide at the start – minimum 10 years.
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| Authorised and regulated by the Financial
Services Authority |
Transport
Friendly Society Ltd, 9 Betterton Street, London WC2H 9BH |
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