Common use of Investment Performance Clause in Contracts

Investment Performance. 14.1 We will issue Personal Illustrations and Keyfacts for all business transacted in compliance with FSA rules in force at the time. The rates of return illustrated do not represent the upper or lower limits of the possible level of benefits. 14.2 What will actually become payable under a unit-linked contract will depend on the future rate of return and the effect of charges inherent in the product. The value of a unit-linked investment may go down as well as up. A with profit investment may be subject to a market value reduction if surrendered before maturity. At maturity a terminal bonus may be payable, but is not guaranteed. 14.3 Past performance should not be seen as an indication of future performance and is only one of a number of factors to be considered when selecting a product provider. Other factors include financial strength, charges and flexibility. 14.4 Where You borrow against the maturing value of a life assurance, pension, authorised unit trust, investment trust or individual savings account, there is an inherent risk that if the investment under performs the value at maturity will not be sufficient to repay the loan in full and, as a consequence, when You borrow in conjunction with an investment product You should establish at the outset the target rate of return necessary to repay the loan in full and should monitor the actual performance against the target rate at regular intervals. Remember your home is at risk if You do not keep up repayments on a mortgage or other loan secured on it. 14.5 We will notify you separately of any specific risk factors that apply to the service we provide for you and whether the cost of our service depends on fluctuations in financial markets that are beyond our control.

Investment Performance. 14.1 9.1 We will issue Personal Illustrations and Keyfacts for all business transacted in compliance with FSA FCA rules in force at the time. The rates of return illustrated do not represent the upper or lower limits of the possible level of benefits. 14.2 9.2 What will actually become payable under a unit-linked contract Retail Investment Product will depend on the future rate of return and the effect of charges inherent in the product. The value of a unit-linked investment may go down as well as up. A with profit investment may be subject to a market value reduction if surrendered before maturity. At maturity a terminal bonus may be payable, but is not guaranteed. 14.3 9.3 Past performance should not be seen as an indication of future performance and is only one of a number of factors to be considered when selecting a product provider. Other factors include financial strength, charges and flexibility. 14.4 9.4 Where You borrow against the maturing value of a Retail Investment Product to include life assurance, pension, authorised unit trust, investment trust or individual savings account, there is an inherent risk that if the investment under performs performs, the value at maturity will not be sufficient to repay the loan in full and, as a consequence, when You borrow in conjunction with an investment product You should establish at the outset the target rate of return necessary to repay the loan in full and should monitor the actual performance against the target rate at regular intervals. Remember your Your home is at risk if You do not keep up repayments on a mortgage or other loan secured on it. 14.5 9.5 We will notify you You separately of any specific risk factors that apply to the service we provide for you and whether the cost of our service depends on fluctuations in financial markets that are beyond our controlIntermediation Service We provide.

Investment Performance. 14.1 15.1 We will issue Personal Illustrations and Keyfacts for all business transacted in compliance with FSA FCA rules in force at the time. The rates of return illustrated do not represent the upper or lower limits of the possible level of benefits. 14.2 15.2 What will actually become payable under a unit-linked contract Retail Investment Product will depend on the future rate of return and the effect of charges inherent in the product. The value of a unit-linked investment may go down as well as up. A with profit investment may be subject to a market value reduction if surrendered before maturity. At maturity a terminal bonus may be payable, but is not guaranteed. 14.3 15.3 Past performance should not be seen as an indication of future performance and is only one of a number of factors to be considered when selecting a product provider. Other factors include financial strength, charges and flexibility. 14.4 15.4 Where You borrow against the maturing value of a Retail Investment Product to include life assurance, pension, authorised unit trust, investment trust or individual savings account, there is an inherent risk that if the investment under performs the value at maturity will not be sufficient to repay the loan in full and, as a consequence, when You borrow in conjunction with an investment product You should establish at the outset the target rate of return necessary to repay the loan in full and should monitor the actual performance against the target rate at regular intervals. Remember your home is at risk if You do not keep up repayments on a mortgage or other loan secured on it. 14.5 15.5 We will notify you separately of any specific risk factors that apply to the service Intermediation Service we provide for you and whether the cost of our service Intermediary Service depends on fluctuations in financial markets that are beyond our control.