Allowable investment guidelines

The following are examples of investments that would generally be available under your Select policy. Please read the Select Guide to Investment for further information.

1. Authorised or recognised investment funds

We generally regard the investment funds from the following countries as acceptable:

2. Mutual investment funds

We will consider these where:

1. We are able to hold the investment in our custodian's or nominee name.
2. Investments can be realised for a cash value within five months of your instruction to sell.
3. Investments are priced as often as they are dealt. For example, an investment which is dealt monthly is also priced monthly.
4. Investments are priced at least every three months.

3. Cash deposit accounts

We will consider these where:

1. The cash deposit can be held in our name.
2. Your deposit is at least GBP 50,000 / EUR 75,000 / USD 100,000 / HKD 750,000 / JPY 8,500,000.

We may ask you to sign a declaration indicating you are happy for us to place a deposit with a particular institution.

4. Hedge funds, traded endowment funds, and traded life policy funds

We will consider these investments on an individual basis.

5. Experienced, professional, qualified and sophisticated investor funds

We will consider these investments on an individual basis.

Where we make such funds available, you will usually be required to complete further documentation prior to any dealing instructions being placed.

6. All other types of investments

We will consider other investments on a case by case basis, subject to them being acceptable to us and compliant with any regulations that may apply.

No investment shall be linked to your Select policy if the consequence of its inclusion would result in a tax charge under the Income Tax (Trading and Other Income) Act 2005 Section 515 (or any other statutory re-enactment).

Investment risks

The value of your policy can go down as well as up depending on the investments it is linked to, and you may not get back your initial investment. We are not responsible for, and will not compensate you in relation to, the performance of your chosen linked investments.

The value of investments can go down as well as up purely because of exchange rates. This may happen when investments are valued in overseas currencies.

If you link your policy to a property investment, you should be aware that property can be difficult to sell, and therefore we might not be able to sell your investment when you want us to.

The investments linked to your policy are owned by us, and in most cases, as we are a corporate investor, they will not be eligible for compensation under investment compensation schemes.

If you link your policy to a cash deposit account (with a provider in the Isle of Man) your investment may not be covered in full by the Isle of Man depositors compensation scheme (DCS), should the deposit account provider become insolvent. This is because you are not the owner of the account(s) linked to your policy, we are. Therefore the amount (if any) which we recover under the scheme could be substantially less than the amount you might have been able to recover had you owned the cash deposit account(s) yourself. The situation may be different for cash deposit accounts that have been linked to your policy with providers in other jurisdictions.

How do I invest in Select?

Select is available exclusively in association with authorised financial advisers. Your financial adviser can ask for a Personal Illustration that will take account of your chosen features, charging structure and investments.

Should you wish to invest in Select you should read our literature suite in full, including the Brochure, The Facts, Key Features and Guide to Investment and discuss the potential benefits and risks with your financial adviser. Your adviser can then provide a final recommendation as to whether or not Select is suitable for you.

If you do not have a financial adviser, we can help you find one. Search for a financial adviser now.

Compensation

Our policyholders are protected by the Isle of Man Compensation of Policyholders protection scheme, which covers up to 90% of our liability where Royal London 360° is unable to meet its financial obligations. Holders of policies issued by Royal London 360° will not be protected by the UK Financial Services Compensation Scheme if the company becomes unable to meet its liabilities to them.

Important notes

We are not authorised to provide you with investment advice, and we would always recommend that you consult a professional before making investment decisions.

This webpage has been approved for use in the UK by Royal London Marketing Limited, a company which is authorised and regulated by the Financial Services Authority number 302391. Registered in England and Wales number 04414137. Registered Office: 55 Gracechurch Street, London, EC3V 0RL, United Kingdom.