Long term savings
Whether you’re just starting out in the world or looking forward to retirement, life continually races ahead and things can change in a matter of months. It’s therefore important to make sure your long term financial arrangements keep up. That’s why The Co-operative Bank always like to offer you the best choice of savings and investments products possible.
If you need a guaranteed return, The Co-operative Bank's Balanced Savings Plan could help. It allows you to split your money equally into two accounts: the Fixed Term Deposit account, a safe investment with guaranteed fixed returns and the Guaranteed Savings Bond which aims to give you the benefit of interest linked to any performance of stock market indices.
With the Guaranteed Savings Bond itself, you can invest from £3,000 to £1,000,000 for a fixed term and you’re guaranteed to get at least your original investment back at the end.
Alternatively, a Co-operative Insurance Unit Trust can provide a way to invest in the stock market which is lower cost and lower risk than direct investment in the stock market.
