The Synergy Plan
The Synergy Plan is unavailable for new business.
Summary
The Synergy Plan is a package of investment and protection products. It provides the ability to make tax efficient savings through an Individual Savings Account (ISA), whilst incorporating selected protection benefits such as:
- Life and Terminal Illness Cover
- Critical Illness Cover
- Long-term Sickness Cover
- Life & Critical Illness Cover
- Unemployment Cover
Additional Investments
Even though the Plan is no longer available for new business, existing customers can increase the level of their monthly contributions or add a one off contribution to their ISA.
If you wish to make an additional investment you can use the ‘Additional Investment Form’ attached below.
You should carefully read your Plan's Terms & Conditions before deciding to make an additional investment. New investments will be allocated with a new plan number and charges will apply.
Investment Options
Your ISA can invest into the following Investment Trusts and Funds:
- BNY Mellon Continental European Fund
- BNY Mellon UK Income Fund
- BNY Mellon UK Equity Fund
- BNY Mellon Multi-Asset Growth Fund
If you wish to switch your existing investments you can use the ‘Investment Switching Form’ below.
Documents
The Synergy Plan Additional Investment Form
Please send completed documents to SFPL, PO Box 1010, St Albans, Hertfordshire, AL1 9NB.
Please find below the details of our charges:
Risk Warnings
The value of your investment can go down as well as up and is not guaranteed. You may get back less than the amount invested.
Past performance is not a guide to future performance.
There is no guarantee that any target sum will be met by the investment part of your plan.
Protection policies have no cash in value.
We do not offer personal advice based on your circumstances. If you are unsure about the suitability of this investment please seek professional financial advice.
All statements concerning tax treatment and limits are based on our understanding of the current law and HMRC practice and are for general guidance only. Levels and bases of, and reliefs from, taxation are subject to change.