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NFU Mutual launches special offers to encourage investors

27th May 2008 Print
On 2nd June 2008, insurer NFU Mutual will be launching a number of special offers designed to help individuals who are considering medium to long term investment.

Customers will be given the choice of a guarantee, an extra allocation on lump sum investments into its Flexibond or a reduction in charges on ISAs and its Portfolio Investment Plan.

Chris Linpow, investment specialist at NFU Mutual comments, "Saving and investing for the future continues to be of paramount importance. Our customers want to save and maximise their returns but - given the current economic climate - we recognise that individuals have different objectives and attitudes to risk.

"We remain convinced that stockmarket linked investments continue to offer superior growth potential and have therefore launched this special range of offers, including a guarantee on our Flexibond and a further range of discounts, to reassure our customers and give them choice and more opportunities to invest.

"With inflation remaining a worry, now is a good time for people to review their finances to ensure that they are getting the most from their investments, with the appropriate level of risk."

The offers

For Lump sum investments:

An enhanced allocation of up to 1.5% on the NFU Mutual Flexibond or
Up to 50% reduction in initial charges on the Portfolio Investment Plan or
A guarantee of at least the return of the original investment on the fifth anniversary for new with-profits investments both in the Flexibond and for Cash ISA transfers (into the NFU Mutual with-profit ISA) in excess of £15,000 or

Discounted charges for with-profits and equity based ISAs

For regular savings:

NFU Mutual is offering general insurance discount vouchers for regular savers on new regular premiums of £100 + per month - again across all our unitised savings products, giving regular savers something to grab their attention.

Who could these offers benefit?

With this initiative there is something to suit everyone -

Enhancements for lump sum investors keen to invest now
Guarantees for the more cautious investor who may be venturing away from deposits for the first time and be attracted to the smoothing of a with profits fund with the security of a checkpoint guarantee
And for those wanting to build up a lump sum by saving regularly, a thank you voucher to use against their other general insurances.
A £200 per month investment would generate a £150 voucher to use against a general insurance renewal or new policy.

Linpow continued, "There are very few similar guaranteed offerings available in the present market conditions - and those that are around generally entail an extra cost to the customer. Our prudent investment approach and financial strength makes it possible for us to offer them to our customers now."