Foresters launch new range of low cost savings schemes

Foresters has taken up the Government’s launch of low-cost stakeholder schemes with a brand new range of savings and investment opportunities. Foresters is one of the first companies to offer stakeholder products.

These products have been introduced by the Government to meet today’s financial needs for simple, flexible, low cost ways of saving and investing. To qualify as stakeholder, products have to meet a number of exacting standards including low "capped" charges, straightforward terms and a risk-controlled investment strategy.

Commenting on this exciting development Euan Allison, Forester Life’s Managing Director said: "We are committed to the introduction of low-cost stakeholder plans to all our customers. This initiative will have a beneficial effect on members’ future savings and we aim to be recognised as the best provider of face-to-face financial advice for stakeholder products in the industry".

The range of new plans includes stakeholder pension, savings and ISA schemes as well as a Child Trust Fund for child savings.

View our financial services products at www.foresters.co.uk

Please note that schemes that meet stakeholder conditions are not necessarily suitable investments for a customer, nor do they offer any guarantee of performance.