Capital Investment Bond

Smart money management for lump sums

Why invest in our Capital Investment Bond?

The Wesleyan Capital Investment Bond (CIB) is designed to help you plan for the future. Providing access to a range of asset classes, it allows you to invest a minimum of £7,500 over the medium to long term, with the potential for capital growth and income.

  • Can be used in combination with a trust
  • An effective way to grow, manage and control your capital
  • Invest in a choice of 17 funds, including our flagship With Profits Fund
  • Switch between funds, and top up your investment at any time

Please note initial and ongoing charges apply.

Bear in mind the value of investments and any income can go down as well as up and you may get back less than you invest.

How it works

With the Capital Investment Bond, you can invest in up to 12 investment funds from a choice of 17.

The funds are professionally managed by our team - named Investment Team of the Year at the Insurance Asset Risk Awards 2020.

While we manage the funds, you control your investment. You can move your money into one or more different funds at any time, making up to 12 fund switches in a 12-month period (switching fees may apply).

You can find details of all the available funds in our fund prices centre. More information on the Capital Investment Bond can be found in the Key Features Document.

How to invest

The minimum initial investment into the Capital Investment Bond is £7,500. This can be topped up with further investments of at least £1,000.

If you prefer to make smaller, regular payments, it might be worth looking at our Flexible Savings Plan. You can build your investment with just £100 per month.

Holding your investment in trust

It’s worth noting that the CIB can be held in trust, to make sure your plan is treated the way you would wish when you die. This can help with estate management and inheritance tax planning. It can also be a way to control how and when your assets are used by beneficiaries.

For more information on trusts, please speak to a Wesleyan Financial Services Consultant.

Life cover

When you invest in a CIB, you can choose to cover the life of one or two people. If the person(s) covered under the plan dies, we will pay out 101% of the plan's value.

If you choose to cover the life of two people, you can also decide whether you want the plan to pay out when one person dies, or when both do.

Important information

Charges

Initial Advice Charge

When you open or top-up your investment through a Wesleyan Financial Services Consultant, an Initial Advice Charge of 3% applies.

If, after setting up your plan, you subsequently make a direct payment without taking further advice, the Initial Advice Charge will not be payable on that payment.

Annual Management Charge

An Annual Management Charge (AMC) applies, which is a percentage of how much your plan is worth each year. The AMC percentage depends on the fund or funds that you invest in. If you are taking a regular income from your plan, the AMC will increase by 0.3%. 

If you are opted in to Wesleyan Financial Services’ Ongoing Advice Service (OAS), the cost of the OAS will be 0.5% of your plan value each year.

We may also charge you for switching your money between different funds, though the first switch each year is free.

Tax summary

Please refer to the Key Features Document for more details of the tax treatment of the Capital Investment Bond.

Eligibility

You can take out a CIB if you are aged 18 or over and are a UK resident for tax purposes.

If you choose to cover the life of one person (or two people and you want the plan to pay out when one person dies), all of the people covered need to be aged 79 or under when the plan starts.

If you choose to cover the lives of two people and you want the plan to pay out when both people die, only one of the people covered needs to be age 79 or under when the plan starts.

Key documents

Please read the following documents before applying: