PMAS Children's Bond
What is the Children's Bond?
The earlier you start saving for your
children’s future, the better.
With our Children's Bond you can save for your
children or grandchildren. They'll get a guaranteed cash payout,
free of personal income tax* and capital gains tax,
plus possible bonuses – depending on the performance of the fund,
and as long as you hold the plan for the full period. Complete life
cover for the child is also included.
You can open a Children's Bond from as little
as £12.50 a month.
The investment ends after 10 years or when the
child reaches 16, whichever is greater. At this point, they can
choose to either keep their fund with us, where it will grow in
line with average monthly bank rates, or take a cash lump sum.
The PMAS Children's Bond is availble to
any child who is a brother, sister, child or grandchild of a
Serving or Retired Police Officer or Police Staff employee.
How to apply
Make sure you’ve first read the product information and
key features pages on this
site. You’ll need to decide how much to save each month - £12.50 or
£25 – and have your bank details and details of your child’s
medical history to hand.
You can:
Other relevant products
You can also save for your children and
grandchildren through a low cost and flexible stakeholder pension.
* Tax legislation may change.