Savings & Investment Plan
Save more with our limitless savings plan and reach your investment goals. Investing carries risk.
Simple, affordable investing and exclusive member benefits
Our customers rate us 4.7 out of 5 stars
Taking care of family finances for over 150 years
Choice of funds - experts making investment decisions
What is a Foresters Savings & Investment Plan?
Save with no limit
Provides flexible contribution options, low charges and is a great way to save for medium to long-term. Even if you already have a Cash and/or Stocks and Shares ISA, you can still have a Savings & Investment Plan and there is no investment limit.
Investing made right for you
You have the option to invest in a choice of funds, or our Shariah compliant fund. All funds are professionally managed by the experts at Schroders, saving you the hassle. There is an annual management charge of 1.5% lowering to 1% after 10 years.
Invest by yourself or with a partner
You can start saving from age 16, and on a single or joint life basis (only for Stakeholder Savings & Investment Plan at present time)– if you would like to save with a spouse or partner, please speak to one of our Financial Advisers.
Become a Foresters member
When you open a Savings & Investment Plan you become a member, and will have access to a range of exclusive benefits. Such as volunteer grants, member discounts and will writing – just to name a few! Take a look at the member benefits>
Member benefits are not regulated by the Prudential Regulation Authority or the Financial Conduct Authority and may change in the future.
Is a Savings & Investment Plan right for me?
✓ Want to save for your future (5+ years)
✓ Looking to save over the annual ISA allowance
✓ Recently received a large sum of money you want to save
✓ Looking for low minimum contributions
✓ One, simple annual management charge
✓ Want a joint or single account
✓ UK resident, age 16 or over
Tax treatment depends on individual circumstances and may be subject to change in the future. As with all stock market investments the value of the Plan can fall as well as rise and you may get back less than has been paid in.
Choose your Savings & Investment Plan
Stakeholder Savings & Investment Plan
Whatever you savings goal, invest easily in a choice of funds
- The choice of 2 funds - Invest all the money in one fund or split between the two. You can make a fund switch at any time.
- Both funds consider ESG factors, with the sustainable fund having a specific focus on sustainability.
- The funds are actively managed by the professionals at Schroders.
Shariah Savings & Investment Plan
Invest for your future in a Shariah compliant Savings & Investment Plan
- Invests in a Shariah compliant global fund.
- An appointed Shariah Supervisory board and Shariah Adviser to make sure the investment aligns with your beliefs.
- The fund is actively managed by the professionals at Schroders.
Manage your savings with MyPlans
View the Savings & Investment Plan value, make contributions, view fund performance, documents, and so much more.
Existing customer? Login to MyPlans >
Financial guidance - at no cost to you
Meet with a Financial Adviser to discuss your options at your convenience.
Our Savings & Investment Plan FAQs
A UK resident over age 16 can open a Savings & Investment Plan. You can save by yourself or jointly with a partner. It is recommended that you use your ISA savings allowance before saving in a Saving & Investment Plan.
To open a joint Savings & Investment Plan please request a Financial Adviser
Access to your savings is simple and you can withdraw all or part of your savings when you need to, but don’t forget you should aim to invest for at least 5 years or more.
We can arrange for you to take regular part withdrawals. These can be paid to you on a quarterly, half-yearly or yearly basis. If your withdrawals exceed the growth of your investment your capital will be eroded.
There is no limit to how much you can save in a Savings & Investment Plan, giving you contribution flexibility to start saving from £20, if you want to save over the ISA allowance.
You can withdraw from your Savings & Investment Plan online with MyPlans or with a Financial Adviser or via Customer Services. The unit price displayed is for the previous working day, which changes daily, this means you may receive a little more or less than what you have chosen to withdraw. The price you receive will be based on the date the withdrawal is requested. Once we have received all the necessary documents from yourself to perform the required security checks, we aim to process withdrawals within 5 working days. It can then take 3-5 working days for the money to reach your account.
Description of member benefits that you may receive assumes you are a Foresters member. Members must be 18 years of age or older and must have an active Foresters Plan and maintain it in good standing. Foresters member benefits are non-contractual, subject to benefit specific eligibility requirements, definitions and limitations and may be changed or cancelled without notice. Member benefits are not regulated by the Prudential Regulation Authority or the Financial Conduct Authority and may change in the future.
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