Welcome!

News Feed Item

Teachers Assurance Launches New Guaranteed Growth Bond

LONDON, February 10, 2014 /PRNewswire/ --

Teachers Assurance, provider of savings, investments and insurance in the UK, announces the launch of a new Guaranteed Growth Bond. The new 10-year growth bond, available from 10th February 2014, offers the potential for uncapped capital growth with an underlying guaranteed, minimum return of up to 125% of the amount invested.

Customers can invest between £2,500 and £25,000, or £50,000 with a partner. The level of guarantee, determined by the initial investment, ranges from 110% to 125% and relies upon the customer holding the investment for the full 10 years. The bond is an equity backed investment with 60% of the Fund invested in shares and property. This asset mix would ordinarily make this a medium risk fund, but the reassurance of the guarantee means it could be attractive to more cautious investors. Teachers Assurance is also launching a stocks and shares ISA equivalent of the plan.

Tier structure of guaranteed returns:

                               Guaranteed minimum return of the
                              amount invested at the end of the
      Amount invested                  ten year term

      GBP2,500 to GBP9,999                 110%
      GBP10,000 to GBP14,999               115%
      GBP15,000 - GBP19,999                120%
      GBP20,000 and above                  125%


Abby Bowman comments: "With inflation currently running at 2% (Consumer Prices Index: December 2013), those looking for a real rate of return might consider our new, stock-market linked, Guaranteed Growth Bond. Our financial strength enables us to provide innovative With-Profits investments with guarantees that deliver a positive return. With this product, investors also become Members of the Teachers Provident Society, which means they would receive a share of any profits we distribute."

In 2013, Teachers Assurance was ranked the strongest With-Profits life office in the UK for the seventh year running in the annual Money Management survey.  Teachers Assurance had a free asset ratio of 40.2% as at 31 December 2012, which meant it ranked over 15% higher than any other life office assessed by the survey.

The Teachers Assurance Guaranteed Growth Bond and Guaranteed Growth ISA are stock market linked investments. As such, their value can go up and down during the term of the investment. Customers may get back less than they paid in if the plan is cashed in before the end date. Charges apply. Tax rules are subject to change and depend on individual circumstances.

Teachers Assurance offers a range of savings, investments and insurance to individuals and families in the UK. To find out more, get a personal illustration or apply online, please click here. Alternatively, to speak to someone, call the Customer Support team, seven days a week, on 0800 056 0563. Alternatively, follow the news on Twitter or Facebook. Simply search for "Teachers Assurance."

Notes to Editor

About Teachers Assurance

  • Teachers Assurance manages circa £1 billion on behalf of its Members and customers
  • Teachers Assurance was set up in 1877
  • Teachers Assurance does not offer financial advice
  • Originally set up to support teachers and their families, today the company offers a range of savings, investments and insurance products for individuals and families across the UK

Teachers Assurance is a trading name of Teachers Provident Society Limited (TPS), an incorporated friendly society No. 372F. Authorised by the Prudential Regulation Authority (PRA) and regulated by the Financial Conduct Authority (FCA) and the Prudential Regulation Authority, entered on the Financial Services register no. 110009. Registered in England and Wales. Registered Office: Tringham House, Deansleigh Road, Bournemouth, BH7 7DT.

Case studies available on request

For further information:
Laura Bentham, Social Media & PR Executive
+44(0)1202-435-112
[email protected]
teachersassurance.co.uk/press

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
For years the world's most security-focused and distributed organizations - banks, military/defense agencies, global enterprises - have sought to adopt cloud technologies that can reduce costs, future-proof against data growth, and improve user productivity. The challenges of cloud transformation for these kinds of secure organizations have centered around data security, migration from legacy systems, and performance. In our presentation, we will discuss the notion that cloud computing, properl...
The deluge of IoT sensor data collected from connected devices and the powerful AI required to make that data actionable are giving rise to a hybrid ecosystem in which cloud, on-prem and edge processes become interweaved. Attendees will learn how emerging composable infrastructure solutions deliver the adaptive architecture needed to manage this new data reality. Machine learning algorithms can better anticipate data storms and automate resources to support surges, including fully scalable GPU-c...
With more than 30 Kubernetes solutions in the marketplace, it's tempting to think Kubernetes and the vendor ecosystem has solved the problem of operationalizing containers at scale or of automatically managing the elasticity of the underlying infrastructure that these solutions need to be truly scalable. Far from it. There are at least six major pain points that companies experience when they try to deploy and run Kubernetes in their complex environments. In this presentation, the speaker will d...
To Really Work for Enterprises, MultiCloud Adoption Requires Far Better and Inclusive Cloud Monitoring and Cost Management … But How? Overwhelmingly, even as enterprises have adopted cloud computing and are expanding to multi-cloud computing, IT leaders remain concerned about how to monitor, manage and control costs across hybrid and multi-cloud deployments. It’s clear that traditional IT monitoring and management approaches, designed after all for on-premises data centers, are falling short in ...
When applications are hosted on servers, they produce immense quantities of logging data. Quality engineers should verify that apps are producing log data that is existent, correct, consumable, and complete. Otherwise, apps in production are not easily monitored, have issues that are difficult to detect, and cannot be corrected quickly. Tom Chavez presents the four steps that quality engineers should include in every test plan for apps that produce log output or other machine data. Learn the ste...
Digital Transformation is well underway with many applications already on the cloud utilizing agile and devops methodologies. Unfortunately, application security has been an afterthought and data breaches have become a daily occurrence. Security is not one individual or one's team responsibility. Raphael Reich will introduce you to DevSecOps concepts and outline how to seamlessly interweave security principles across your software development lifecycle and application lifecycle management. With ...
The vast majority of businesses now use cloud services, yet many still struggle with realizing the full potential of their IT investments. In particular, small and medium-sized businesses (SMBs) lack the internal IT staff and expertise to fully move to and manage workloads in public cloud environments. Speaker Todd Schwartz will help session attendees better navigate the complex cloud market and maximize their technical investments. The SkyKick co-founder and co-CEO will share the biggest challe...
Enterprises are striving to become digital businesses for differentiated innovation and customer-centricity. Traditionally, they focused on digitizing processes and paper workflow. To be a disruptor and compete against new players, they need to gain insight into business data and innovate at scale. Cloud and cognitive technologies can help them leverage hidden data in SAP/ERP systems to fuel their businesses to accelerate digital transformation success.
Dhiraj Sehgal works in Delphix's product and solution organization. His focus has been DevOps, DataOps, private cloud and datacenters customers, technologies and products. He has wealth of experience in cloud focused and virtualized technologies ranging from compute, networking to storage. He has spoken at Cloud Expo for last 3 years now in New York and Santa Clara.
Predicting the future has never been more challenging - not because of the lack of data but because of the flood of ungoverned and risk laden information. Microsoft states that 2.5 exabytes of data are created every day. Expectations and reliance on data are being pushed to the limits, as demands around hybrid options continue to grow.
Machine learning provides predictive models which a business can apply in countless ways to better understand its customers and operations. Since machine learning was first developed with flat, tabular data in mind, it is still not widely understood: when does it make sense to use graph databases and machine learning in combination? This talk tackles the question from two ends: classifying predictive analytics methods and assessing graph database attributes. It also examines the ongoing lifecycl...
While some developers care passionately about how data centers and clouds are architected, for most, it is only the end result that matters. To the majority of companies, technology exists to solve a business problem, and only delivers value when it is solving that problem. 2017 brings the mainstream adoption of containers for production workloads. In his session at 21st Cloud Expo, Ben McCormack, VP of Operations at Evernote, discussed how data centers of the future will be managed, how the p...
Dion Hinchcliffe is an internationally recognized digital expert, bestselling book author, frequent keynote speaker, analyst, futurist, and transformation expert based in Washington, DC. He is currently Chief Strategy Officer at the industry-leading digital strategy and online community solutions firm, 7Summits.
Wooed by the promise of faster innovation, lower TCO, and greater agility, businesses of every shape and size have embraced the cloud at every layer of the IT stack – from apps to file sharing to infrastructure. The typical organization currently uses more than a dozen sanctioned cloud apps and will shift more than half of all workloads to the cloud by 2018. Such cloud investments have delivered measurable benefits. But they’ve also resulted in some unintended side-effects: complexity and risk. ...
With 10 simultaneous tracks, keynotes, general sessions and targeted breakout classes, @CloudEXPO and DXWorldEXPO are two of the most important technology events of the year. Since its launch over eight years ago, @CloudEXPO and DXWorldEXPO have presented a rock star faculty as well as showcased hundreds of sponsors and exhibitors! In this blog post, we provide 7 tips on how, as part of our world-class faculty, you can deliver one of the most popular sessions at our events. But before reading...