Investments

Guaranteed Investment Plans

Your money works hard...but you can relax, your capital and a minimum return at maturity are guaranteed. Invest in a fixed term Stocks and Shares ISA or Direct Share Plan from Santander Asset Management UK Limited provided by Abbey National PEP & ISA Managers Limited.

Term	Product details
3 ¾ year Guaranteed Capital Plus (Issue 10).	15% if the FTSE™ 100 Index increases by any amount at the end of 3¾ years. Or 0.25%if the FTSE™ 100 Index stays the same or has fallen at the end of 3¾ years (subject to averaging).
5 ½ year Guaranteed Capital Plus (Issue 10).	30% if the FTSE™ 100 Index increases by any amount at the end of 5½ years. Or 0.50%if the FTSE™ 100 Index stays the same or has fallen at the end of 5½ years (subject to averaging).
3 ¾ year Guaranteed Growth Plan (Issue 23).	Minimum return of 4%. Or Maximum return of 50% of the averaged growth in the Halifax House Price Index(subject to averaging in the last 7 months).
5 ½ year Guaranteed Growth Plan (Issue 23) Stockmarket Option.	Minimum return of 10%. Or Maximum return of 50% of the averaged growth in the FTSE™ 100 Index, up to a maximum of 40% (subject to averaging in the last 6 months).
5 ½ year Guaranteed Growth Plan (Issue 23) Property Option.	Minimum return of 10%. Or Maximum return of 50% of the averaged growth in the Halifax House Price Index(subject to averaging in the last 7 months).

Features and benefits

100% capital and a minimum return guaranteed if held for full term (until maturity).
Potential for a higher return at maturity depending on the performance of the relevant Index.
Invest tax efficiently in a Stocks and Shares ISA (5 ½ year plans only) Minimum £1,500 - ISA limit.
Direct Share investments (i.e. outside of an ISA) minimum £1,500 – no maximum.
ISA transfers minimum £1,500 – full value.
These offers are available from 15 June 2009 - 18 July 2009 (or earlier if sold out).

You should only consider this product if you are willing to hold it for the full term. If you need to take some or all of your money out before the end of the term, you will receive back less than you originally invested.

Please note that the relevant Index may go down as well as up and past performance is not a guide to future performance. In fact, they could fall further than current levels.

Our financial advisors are trained to help you understand your investment and protection needs, so why not make an appointment for a financial review.

Call us on 0808 100 3692^† to make an appointment with a financial advisor in your local branch.

Savings products summary

Or let us call you to make an appointment in your local branch at a time that suits you.

Super Direct ISA

Take advantage of tax free savings with our Alliance & Leicester cash ISA and investment growth potential from one of our partners with a 5.50% gross p.a./AER Super Direct ISA, when the same amount or more is invested into any qualifying investment product*.

Features and benefits

5.50% gross p.a./AER tax free (variable) with Super Direct ISA when you put the same amount or more into a qualifying investment*. Following advice from an Alliance & Leicester Financial Advisor.
The Super Direct ISA is only available when the same amount or more is invested into any qualifying investment product* following advice from Alliance & Leicester Financial Advisor.
Required minimum investment into a qualifying investment product £500.
The Super Direct ISA will give a preferential rate for at least 12 months.
Interest will be credited annually on 1 January.
Rates are correct as at 23.02.2009.
Offer can be withdrawn at any time.
Withdrawals from the Alliance & Leicester Super Direct ISA cash ISA element are allowed without penalty.
The same amount or more must be invested in any qualifying investment product, otherwise we may reduce the rate of interest we pay you.
Minimum investment into an Alliance & Leicester Super Direct ISA cash ISA element is £1.
Open in branch only.
Age 18+ only.

*A qualifying investment product is an investment offered by Alliance & Leicester. This includes Abbey National PEP & ISA Managers Limited’s structured products (Guaranteed Growth Plan & Guaranteed Capital Plus), Legal & General investment bond and Unit Trust/OEICs.

Qualifying Investments*

Choosing the right investment for your own individual needs can be a challenge. However, with the right advice and a wide range of products, you can come out more knowledgeable and with peace of mind that your money is working the way you want it to.

Investment	How much do you need to invest?	How long do you need to invest for?	What are the main benefits?
Investment bond – provided by Legal & General.	Minimum investment into a Legal & General investment bond is £5,000.	There is no fixed term, however you should consider an investment of this type to be for the medium to long term, ideally five years or more.	There is a choice of investment bond products with access to a wide range of funds each with different aims. You can invest for income, growth potential or a combination of both. Capital is not guaranteed, although capital guarantees are available on some bond products subject to certain terms and conditions as shown in the key features document. The value of the bond and any income taken from it may go down as well as up and you may get back less than you invested. A surrender penalty will apply in the first five years and a market value reduction may also apply when you cash in your bond. An Alliance & Leicester Financial Advisor will be able to provide you with details of the bonds and the funds available.
Unit Trust or Open Ended Investment Companies (OEICs) – provided by Legal & General.	£500 or more when you start the investment.	There is no fixed term, however you should consider an investment of this type to be for the medium to long term, ideally five years or more.	Invest as a one-off lump sum to give your money a chance to grow. Capital and income values may go down as well as up and are not guaranteed. You may not get back the money you invested. Each fund will have specific risks, details of which are in key features available from a Financial Advisor in branch. An Alliance & Leicester Financial Advisor will be able to provide you with details of the Unit Trusts or OEICs available.
Guaranteed Growth Plan & Guaranteed Capital Plus provided by Abbey National PEP and ISA Managers Limited.	Minimum investment £1,500.	Either 3 ½ or 5 ½ year fixed term(s).	The potential for your money to grow with the safety of a money-back guarantee and a minimum return at the end of the term. An Alliance & Leicester Financial Advisor will be able to provide you with details of the guaranteed products available.

Both capital and income values in these investment products may go down as well as up. You may get back less than you invested.

For Further Information:

Our financial advisors are trained to help you understand your investment and protection needs, so why not make an appointment for a financial review.

Call us on 0800 100 3692 to make an appointment with a financial advisor in your local branch.

Alternatively let us call you to make an appointment in your local branch at a time that suits you.

Savings products summary

Super Bond (Issue 9)

Discover short term savings from Alliance & Leicester and investment growth potential, over 3 ¾ years or more with an investment product, from one of our partners. Earn up to 6.50% gross p.a./AER fixed until 1 August 2010 on balances from £250,000 in a Super Bond (issue 9), when the same amount or more is invested into any qualifying product*.

Features and benefits

Receive a great rate of up to 6.50% gross p.a./AER fixed until 1 August 2010 on balances from £250,000 when you invest the same amount or more in a separate qualifying investment product* available through one of our partners. Terms & conditions apply.
AER assumes funds invested on 31 July 2009.
You can’t add to your Super Bond balance so pay in as much as you can at the start.
Enjoy peace of mind that you can access the whole of your super balance at any time without charge by closing your super bond. No partial withdrawals allowed.
There’s a range of qualifying investment products to choose from to meet your needs. See details below.
Minimum £1 and maximum £2 million investment into Super Bond. Minimum deposits for the qualifying investments vary depending on the chosen product. See specific product details for full details.
Super Bond (Issue 9) matures 1 August 2010.

Super rates

Summary of rates - fixed until 1 August 2010

Tier	Annual Gross p.a./AER	Monthly Gross
£1+	5.50%	5.37%
£250,000+	6.50%	6.31%

Rates correct as at 3 July.

This rate is only available when you pay the same amount or more into any qualifying investment product. If you cancel the investment product or if the same amount or more is not invested into any qualifying investment product, you will no longer qualify for the enhanced rate.
Interest can be paid either on maturity or monthly on the 1st day of the month.
Full closure is allowed without notice or penalty. Partial withdrawals are not allowed. A partial withdrawal will result in the closure of the Super Bond and the account will revert to an Instant Access Account.

Savings products summary

*Qualifying investments

Choosing the right investment for your own individual needs can be a challenge. However, with the right advice and a wide range of products, you can come out more knowledgeable and with peace of mind that your money is working the way you want it to.

The table below details the qualifying investment products available. For more information on these products please speak to a financial advisor in branch.

Investment	How much do you need to invest?	How long do you need to invest for?	What are the main benefits?
Investment bond – provided by Legal & General.	Minimum investment into a Legal & General investment bond is £5,000.	There is no fixed term, however you should consider an investment of this type to be for the medium to long term, ideally five years or more.	There is a choice of investment bond products with access to a wide range of funds each with different aims. You can invest for income, growth potential or a combination of both. Capital guarantees are available on some funds and bond products subject to certain terms and conditions. Its value and the level of income may go down as well as up and you may get back less than you invested. A surrender penalty will apply in the first five years and exit penalties may apply in certain circumstances. Charges and/or a market value reduction may apply when you cash in your bond. An Alliance & Leicester Financial Advisor will be able to provide you with details of the bonds and the funds available.
Unit Trust or Open Ended Investment Companies (OEICs) – provided by Legal & General.	£500 or more when you start the investment.	There is no fixed term, however you should consider an investment of this type to be for the medium to long term, ideally five years or more.	Invest as a one-off lump sum to give your money a chance to grow. Capital and income values may go down as well as up and are not guaranteed. You may not get back the money you invested. Each fund will have specific risks, details of which are in key features available from a Financial Advisor in branch. An Alliance & Leicester Financial Advisor will be able to provide you with details of the Unit Trusts or OEICs available.
Guaranteed Growth Plan & Guaranteed Capital Plus provided by Abbey National PEP and ISA Managers Limited.	Minimum investment £1,500.	Either 3 ¾ or 5 ½ year fixed term(s).	The potential for your money to grow with the safety of a money-back guarantee and a minimum return if held until the end of the term. Early withdrawal is allowed, but is very likely to result in the customer getting back less than their original investment. An Alliance & Leicester Financial Advisor will be able to provide you with details of the guaranteed products available.

For Further Information:

Our financial advisors are trained to help you understand your investment and protection needs, so why not make an appointment for a financial review.

Call us on 0808 100 3692^† to make an appointment with a financial advisor in your local branch.

Alternatively let us call you to make an appointment in your local branch at a time that suits you.

Portfolio Bond

Make your money work harder for you over five years or more with a Portfolio Bond from Legal & General.

Features and benefits

Invest from £5,000, for five years ideally longer.
Potential for income, growth or a combination of the two over the longer term.
Medium to long term investment (at least five years, ideally longer).
A flexible investment framework, enabling you to invest in a range of assets such as shares, fixed interest securities, commercial property and cash.
Access to a wide range of leading investment companies including Artemis, F&C, First State, Gartmore, Henderson, Investec, INVESCO, Jupiter, M&G, Legal & General, New Star, Schroders, and Threadneedle.
Both capital and income values of the Portfolio Bond may go down as well as up and are not guaranteed. You may get back less than you invested and charges may be applied when you cash in the bond.

Our financial advisors are trained to help you understand your investment and protection needs, so why not make an appointment for a financial review.

Call us on 0808 100 3692^† to make an appointment with a financial advisor in your local branch.

Alternatively let us call you to make an appointment in your local branch at a time that suits you.

Unit Trusts / OEICs

Invest in the stock market the simple way with a Unit Trust / OEIC from Legal & General.

Features and benefits

Invest a lump sum from just £500 or £50 a month, with no maximum limit.
Many Unit Trusts / OEICs invest in a wide range of companies.
Exposure to the UK and/or worldwide stock markets.
Please remember that the value of an investment is not guaranteed and may go down as well as up. Exchange rate variations may cause the value of overseas investments to increase or decrease. You may get back less than you invested. You can invest your money for as long as you like, ideally a minimum of five years, or longer.

Our advisors are trained to help you understand your investment needs so why not make an appointment for a financial review.

Call us on 0808 100 3692^† to make an appointment with a financial advisor in your local branch.

Alternatively let us call you to make an appointment in your local branch at a time that suits you.

ISAs

Find out how an Individual Savings Account can earn you a higher return on your money, with tax-efficient savings from Legal & General.

Features and benefits

A wide range of tax-efficient Unit Trust ISA's through Legal & General.
Start with a lump sum of £500 or £50 a month.
Invest up to £7,200 in a stocks and shares ISA each tax year.
Over 40 UK and global ISAs to choose from to suit your individual needs.
Invest for income, growth or both.
The favourable tax treatment of ISAs could be subject to future statutory change. Your capital and returns are not guaranteed. This means the value of your investment and level of income may go down as well as up, so you may not get back all you invested.
You can invest your money for as long as you like, ideally a minimum of five years, or longer. Exchange rate variations may cause the value of overseas investments to increase or decrease.

Our advisors are trained to help you understand your investment needs so why not make an appointment for a financial review.

Call us on 0808 100 3692^† to make an appointment with a financial advisor in your local branch.

Alternatively let us call you to make an appointment in your local branch at a time that suits you.