Maximum Investment Plan

What is a Maximum Investment Plan?

The Maximum Investment Plan aims to provide a flexible, tax-efficient method of getting growth through regular investment over a time frame of 10 years or more. The Maximum Investment Plan is what HM Revenue & Customs term a ‘qualifying’ investment, therefore any growth from your investments will be free from personal income and capital gains tax as long as you continue to pay sufficient premiums for the full initial 10-year term.

In order to meet ‘qualifying’ status, the plan includes a small amount of life cover, the cost of which depends on your age and the amount you pay into the plan. The main aim of the Maximum Investment Plan however is not life assurance, but the accumulation of a capital sum. On death of the relevant life assured, the greater of the life assurance and the capital sum under each policy within the plan will be payable.

Find out more about the Maximum Investment Plan from Skandia below.

Key features and terms

  • Key features of your Maximum Investment Plan

    This Key Features Document provides a clear, balanced summary of the information you need to help make a decision about the Skandia Maximum Investment Plan. It describes the Maximum Investment Plan and its benefits along with the potential risks involved with this investment. There's also a list of questions and answers to help fill in the finer details. You should read this document in conjunction with a personalised Key Features Illustration and Terms and Conditions.

    Date published: 20/02/12
    File size: 450KB
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Guides and brochures

  • Your guide to the Maximum Investment Plan

    This client guide is designed to help you understand how the Maximum Investment Plan (MIP) works, what charges are involved and what tax you might have to pay.

    Date published: 30/09/10
    File size: 2MB
    Download

Support material

  • Extending your Maximum Investment Plan

    This document describes the benefits of the extension option available on the Maximum Investment Plan.

    Date published: 30/10/09
    File size: 50KB
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  • Maximum Investment Plan - time to act?

    This document offers an explanation of the extension option available on the Maximum Investment Plan and provides details of when you can select the option.

    Date published: 30/10/09
    File size: 49KB
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  • Protecting your money

    This document describes the protection offered with your policy when you have an investment with Skandia.

    Date published: 20/02/12
    File size: 106KB
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  • Why should I invest in Skandia's Maximum Investment Plan?

    This document describes the benefits of Skandia's Maximum Investment Plan.

    Date published: 30/10/09
    File size: 52KB
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  • Benefits of the UK Client Extranet

    This flyer highlights the benefits of registering for the UK Client Extranet.

    Date published: 23/03/12
    File size: 1MB
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