Home Page > Saving and Investing > Forester Life Individual Savings Account > Key Features for Individual Savings Accounts (ISAs) > Additional Information about ISAs and Savings & Investment Plan

Additional information about the Forester Life ISA

What if I change my mind?

What happens if I die during the term of my plan?

What law is the plan subject to?

What if I am unhappy with the service I receive?

Are we covered by the Financial Services Compensation Scheme (FSCS)?

Where can I find out more?

 

 

What if I change my mind?

yellow bullet point  After we have approved your application we will issue you with your Plan Document and a notice of your right to cancel. You then have 30 days from receipt of this notice in which you can change your mind about taking out your Plan and have your contributions returned.

yellow bullet point  The amount you will have returned may be lower if the value of units bought on your behalf has fallen.

yellow bullet point  After the initial cancellation period you can cancel your Plan at any time by writing to us.

 

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What happens if I die during the term of my plan?

yellow bullet point  If you die during the term of your Plan we will pay out 101% of the value of your units to your legal personal representatives.

 

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What law is the plan subject to?

yellow bullet point All Forester Life Plans are subject to the law of England and Wales.

yellow bullet point As Forester Life is based in the United Kingdom, we will always communicate with you using the English language.

 

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What if I am unhappy with the service I receive?

yellow bullet point  We take the concerns of our Planholders very seriously. If at anytime you do have any comments or wish to make a complaint, please write to the Customer Relations Officer at Foresters, Foresters House, Cromwell Avenue, Bromley, Kent, BR2 9BFor phone 08457 990011.

yellow bullet point  In the unlikely event that your complaint cannot be resolved to your satisfaction, you can write to the Financial Ombudsman Service (FOS), South Quay Plaza, 183 Marsh Wall, London, E14 9SR (telephone 0845 080 1800). Making a complaint will not prejudice your right to take legal action.

yellow bullet point  You can review Foresters complaints procedure here.

 

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Are we covered by the Financial Services Compensation Scheme (FSCS)?

yellow bullet point Yes. This means that you may be entitled to compensation from the FSCS in the event that we cannot meet our obligations.

yellow bullet point  Compensation depends on the type of business and the circumstances of the claim but most types of investment business are covered for 100% of the first £30,000 and 90% of the next £20,000 so the maximum compensation is £48,000.

yellow bullet point  Further information about compensation scheme arrangements is available from the FSCS website www.fscs.org.uk or by phone on 020 7892 7300.

 

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Where can I find out more?

yellow bullet point  Your financial adviser will be able to explain about the benefits of the ISA in more detail.

yellow bullet point  Full details are set out in the Terms and Conditions.

yellow bullet point  Alternatively, you can telephone us on 08457 990011or email us at customer.services@foresters.co.uk.

 

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All information contained on this site is intended for UK investors only. For further regulatory information
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