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
To get the most out of their data, successful companies are not focusing on queries and data lakes, they are actively integrating analytics into their operations with a data-first application development approach. Real-time adjustments to improve revenues, reduce costs, or mitigate risk rely on applications that minimize latency on a variety of data sources. In his session at @BigDataExpo, Jack Norris, Senior Vice President, Data and Applications at MapR Technologies, reviewed best practices to ...
A strange thing is happening along the way to the Internet of Things, namely far too many devices to work with and manage. It has become clear that we'll need much higher efficiency user experiences that can allow us to more easily and scalably work with the thousands of devices that will soon be in each of our lives. Enter the conversational interface revolution, combining bots we can literally talk with, gesture to, and even direct with our thoughts, with embedded artificial intelligence, whic...
Cloud Expo | DXWorld Expo have announced the conference tracks for Cloud Expo 2018. Cloud Expo will be held June 5-7, 2018, at the Javits Center in New York City, and November 6-8, 2018, at the Santa Clara Convention Center, Santa Clara, CA. Digital Transformation (DX) is a major focus with the introduction of DX Expo within the program. Successful transformation requires a laser focus on being data-driven and on using all the tools available that enable transformation if they plan to survive ov...
DevOps promotes continuous improvement through a culture of collaboration. But in real terms, how do you: Integrate activities across diverse teams and services? Make objective decisions with system-wide visibility? Use feedback loops to enable learning and improvement? With technology insights and real-world examples, in his general session at @DevOpsSummit, at 21st Cloud Expo, Andi Mann, Chief Technology Advocate at Splunk, explored how leading organizations use data-driven DevOps to close th...
Continuous Delivery makes it possible to exploit findings of cognitive psychology and neuroscience to increase the productivity and happiness of our teams. In his session at 22nd Cloud Expo | DXWorld Expo, Daniel Jones, CTO of EngineerBetter, will answer: How can we improve willpower and decrease technical debt? Is the present bias real? How can we turn it to our advantage? Can you increase a team’s effective IQ? How do DevOps & Product Teams increase empathy, and what impact does empath...
As many know, the first generation of Cloud Management Platform (CMP) solutions were designed for managing virtual infrastructure (IaaS) and traditional applications. But that's no longer enough to satisfy evolving and complex business requirements. In his session at 21st Cloud Expo, Scott Davis, Embotics CTO, explored how next-generation CMPs ensure organizations can manage cloud-native and microservice-based application architectures, while also facilitating agile DevOps methodology. He expla...
Smart cities have the potential to change our lives at so many levels for citizens: less pollution, reduced parking obstacles, better health, education and more energy savings. Real-time data streaming and the Internet of Things (IoT) possess the power to turn this vision into a reality. However, most organizations today are building their data infrastructure to focus solely on addressing immediate business needs vs. a platform capable of quickly adapting emerging technologies to address future ...
With tough new regulations coming to Europe on data privacy in May 2018, Calligo will explain why in reality the effect is global and transforms how you consider critical data. EU GDPR fundamentally rewrites the rules for cloud, Big Data and IoT. In his session at 21st Cloud Expo, Adam Ryan, Vice President and General Manager EMEA at Calligo, examined the regulations and provided insight on how it affects technology, challenges the established rules and will usher in new levels of diligence arou...
Most technology leaders, contemporary and from the hardware era, are reshaping their businesses to do software. They hope to capture value from emerging technologies such as IoT, SDN, and AI. Ultimately, irrespective of the vertical, it is about deriving value from independent software applications participating in an ecosystem as one comprehensive solution. In his session at @ThingsExpo, Kausik Sridhar, founder and CTO of Pulzze Systems, discussed how given the magnitude of today's application ...
There is a huge demand for responsive, real-time mobile and web experiences, but current architectural patterns do not easily accommodate applications that respond to events in real time. Common solutions using message queues or HTTP long-polling quickly lead to resiliency, scalability and development velocity challenges. In his session at 21st Cloud Expo, Ryland Degnan, a Senior Software Engineer on the Netflix Edge Platform team, will discuss how by leveraging a reactive stream-based protocol,...
Mobile device usage has increased exponentially during the past several years, as consumers rely on handhelds for everything from news and weather to banking and purchases. What can we expect in the next few years? The way in which we interact with our devices will fundamentally change, as businesses leverage Artificial Intelligence. We already see this taking shape as businesses leverage AI for cost savings and customer responsiveness. This trend will continue, as AI is used for more sophistica...
In his session at 21st Cloud Expo, Raju Shreewastava, founder of Big Data Trunk, provided a fun and simple way to introduce Machine Leaning to anyone and everyone. He solved a machine learning problem and demonstrated an easy way to be able to do machine learning without even coding. Raju Shreewastava is the founder of Big Data Trunk (www.BigDataTrunk.com), a Big Data Training and consulting firm with offices in the United States. He previously led the data warehouse/business intelligence and B...
In his general session at 21st Cloud Expo, Greg Dumas, Calligo’s Vice President and G.M. of US operations, discussed the new Global Data Protection Regulation and how Calligo can help business stay compliant in digitally globalized world. Greg Dumas is Calligo's Vice President and G.M. of US operations. Calligo is an established service provider that provides an innovative platform for trusted cloud solutions. Calligo’s customers are typically most concerned about GDPR compliance, application p...
Digital transformation is about embracing digital technologies into a company's culture to better connect with its customers, automate processes, create better tools, enter new markets, etc. Such a transformation requires continuous orchestration across teams and an environment based on open collaboration and daily experiments. In his session at 21st Cloud Expo, Alex Casalboni, Technical (Cloud) Evangelist at Cloud Academy, explored and discussed the most urgent unsolved challenges to achieve f...
"Digital transformation - what we knew about it in the past has been redefined. Automation is going to play such a huge role in that because the culture, the technology, and the business operations are being shifted now," stated Brian Boeggeman, VP of Alliances & Partnerships at Ayehu, in this SYS-CON.tv interview at 21st Cloud Expo, held Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA.