Friends & Family Junior ISA...Friends & Family Junior ISA 3 Whether you’re young or want to help a youngster save tax-free, take a look into our Friends and Family Junior ISA which

Friends & Family Junior ISAHelp them soar

Here for everyone

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Kingston Unity is a Friendly Society. We’re totally different to banks, because we’re owned by our members. We’re run for the benefit of you, and your family, not for shareholder profit.

We’ve helped hundreds of thousands of members, their children and grandchildren, to make more of their money with tax-efficient savings and investments. We’ve been looking after our members’ money and best interests since 1840. We’re financial friends for life.

You’ll find this document helpful because it includes really useful information about our Friends and Family Junior ISA. Please read this along with the Key Information Document and the Terms and Conditions before you apply for this savings account.

Friends & Family Junior ISA

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Whether you’re young or want to help a youngster save tax-free, take a look into our Friends and Family Junior ISA which has all these fantastic benefits for parents and young account holders:

• Safe Application - Apply securely online in a few minutes.

• Easy payments in - Online you can pay in one off gifts or set up a Direct Debit

for a regular amount.

• Anyone can pay in - Let friends and family pay in online using a unique link.

• Personal messages - Leave a message when you add to their savings like

‘Happy Birthday Grandson’.

• Ultimate goals - Visible savings goals so anyone paying in can see what they’re saving for.

• Low to Medium risk fund - A ‘With Profits Fund’ that guarantees all contributions and

bonuses are paid out when it matures.

Because kids have a tax-free allowance, too

Happy 18th Birthday!

Let’s Celebrate. When the Account Holder hits 18 all the money saved, plus any bonuses, becomes available for them to take or reinvest. They will also receive all the messages left by their Friends and Family - lovely to be read out at a party.

We’ve made tax-free saving child’s play

This Junior ISA aims to meet the demands and needs of a child who does not qualify for a Child Trust Fund or hold a Junior ISA with another provider where friends and family wish to save on their behalf regularly or ad-hoc until they reach the age of 18.

As Kingston Unity is not able to provide advice, the information provided is there for you to make an informed decision about this product. We are unable to determine if the Junior ISA is appropriate for you, so if you are unsure of its suitability, please speak to an Independent Financial advisor (IFA). You may be charged for this advice.

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3. Is it easy to apply?

Yes. If you’re opening your first Junior ISA simply apply online at ffjisa.co.uk

If you prefer a paper application form, you can download one from our website or contact us at [email protected] or on 01924 240 164.

1. What sort of Junior ISA is this?

Our Friends and Family Junior ISA is a Stocks and Shares Junior ISA, where your child’s savings will be invested in our With Profits Fund. This gives a low to medium-risk return and aims to achieve higher returns than a cash fund, whilst offering a guarantee to the member. See Q10.

A child can only hold one stocks and shares Junior ISA along with one cash Junior ISA. Alternatively, they can have one Child Trust Fund (CTF), however, you can transfer an existing Junior ISA or CTF into our Junior ISA.

2. Who can open a Junior ISA?

• Under 16? A parent or guardian, with parental responsibility, needs to open the account.

• 16 to 17? You’re free to open your own account.

Whoever opens the account will be the Registered Contact for the account. When they hit 16, the child can apply to become the Registered Contact.

The child must be a UK resident at the time of opening the account.

4. Can I transfer another JISA or a CTF into this JISA?

Yes you can, though a child can only hold one stocks and shares Junior ISA and one cash Junior ISA OR one CTF.

To transfer, simply contact us for an application form at [email protected] or call 01924 240 164.

Your questions answered

Name

Your details

SUBMIT

Payment schedule Share information

Message

Last name

http://ffjisa.co.uk

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5. How can everyone pay into the Friends and Family Junior ISA?

That’s easy. Once the Junior ISA is open, the Registered Contact is given access to an online dashboard. There they can set up a regular payment by Direct Debit or make a payment using a debit card.

A Share button lets the Registered Contact send a secure link to friends and family so they can make payments into the account. They can leave a message with every payment for the child, allocating the money to a named savings pot. This gives an idea how they’d like the money to be spent, however, the child has the ultimate choice when they receive the money.

Only the Registered Contact and account holder (if different) can see the payments in and messages left for the child.

We cannot refuse any payments made into the account, unless the government annual limit has been reached. Cheques can be accepted by post but must have the account holder’s name and account number on the back. All payments made into this account are gifts to the child and can’t be returned to the payer.

6. How much can I invest in a Junior ISA?

The Government sets the maximum limit for investment into a Junior ISA within a tax year. You’ll find this on our website. This maximum limit can be split between a cash and stocks and shares Junior ISA, or all paid into one.

We accept regular payments of £5 or more per month and one-off payments from £10 up to the Government’s annual maximum limit.

continued...

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7. Can I stop or change my payments?

Yes. You’re free to stop, start or change your payments at any time.

8. Can I change my mind?

Certainly. In fact, you’ve 30 days to change your mind, just complete and return your cancellation notice.

For new applications, a refund of any payments in to the account will be made.

For transfers, we don’t request the funds from your current provider until the cancellation period has ended.

9. Can I withdraw from the Junior ISA?

No. Nothing can be withdrawn from the account until the child’s 18th birthday.

10. Are there any bonuses or guarantees?

Yes, both. Our Junior ISA guarantees everything paid into it, plus all bonuses declared on it, on the child’s 18th birthday.

Bonuses are declared at the end of each year and depend upon the performance of the with profits fund. This is called a reversionary bonus and once declared it can’t be removed.

As a Friendly Society, we ensure all our members receive a fair share of any investment returns. Therefore we regularly check that you have the correct bonuses to achieve this and if appropriate we may add a Final (Terminal) Bonus to any withdrawals when made.

Please see our ‘Guide to the With Profits Fund’ for more information.

11. How will I know what the account is worth?

We’ll send out annual statements to the Registered Contact with details of any payments and bonus added throughout the previous year. You can also log onto your account dashboard to check the current balance.

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12. Are there any charges?

To cover the expenses of running the society, we currently charge 1.5% of the policy value which is reviewed each year. The charges will be taken out of the investment returns before we declare a bonus.

13. What if the child dies or is diagnosed as terminally ill?

We’ll pay out 101% of the value of the Friends and Family Junior ISA in the tragic event of death or diagnosis of a terminal illness.

14. Can I close or transfer my child’s Junior ISA elsewhere?

You can’t close this account before the child’s 18th birthday. You can, however, transfer to another provider whenever you wish. Please contact your new provider if you would like to transfer. Depending on the investment returns at the time of transfer, a Market Value Reduction (MVR) may be applied to the account. Please see our ‘Guide to the With Profits Fund’ for a full explanation.

15. What happens when they’re 18?

We’ll contact the child before their 18th birthday to let them know their options.

They can keep the tax-free status as the account rolls into an Adult ISA or if they wish to withdraw the funds, they’ll need to apply to the society within 7 days of their 18th birthday. We may ask them for ID before any payments are made.

Tax liabilityUnder current legislation any money received from this Junior ISA will be free of tax and doesn’t need to be declared on a tax return.

Tax legislation may change in the future. If you’re in any doubt, please take advice from a professional tax Adviser – you may be charged for this advice.

Fees paidIf you’re opening our Junior ISA through a Financial Adviser they’ll let you know if there are any charges or fees payable to them.

If you’ve been introduced by an Introducer Appointed Representative (IAR), we may pay them a fee. Don’t worry, this won’t be deducted from your Junior ISA. An IAR is not qualified to give you advice about which product to apply for.

Law and legislationIn legal disputes the law of England and Wales will apply. It’s possible that legislation affecting this Junior ISA may change in the future. This may affect the benefits or conditions of the product.

Anti-money launderingThe child will need to produce relevant documents to prove their identity in order to withdraw the funds when they’re 18.

Data protectionKingston Unity collects your personal information when you apply for a product with us. We use this information to set up and manage the product you have applied for. Please see our Privacy Notice for more information explaining how we use your personal information.

Kingston Unity is a trading name of Kingston Unity Friendly Society Limited, 9 Navigation Court, Calder Park, Wakefield, WF2 7BJ. The Society is registered and incorporated under the Friendly Societies Act 1992, registered number 775F and is authorised by the Prudential Regulation Authority and regulated by

the Financial Conduct Authority and the Prudential Regulation Authority, firm reference number 110056.

20180901/003

Other important information

Find out more at [email protected] 01924 240 164 kingstonunity.co.uk

https://www.kingstonunity.co.uk/

Friends & Family Junior ISA Terms & Conditions

In this document, where we say ‘You’ or ‘Your’ then this means the insured Member of the Society who owns this Friends & Family Junior ISA (JISA) or the Registered Contact on behalf of the child. Where we say either ‘We’, ‘Us’, ‘Our’ or the ‘Society’ then this refers to Kingston Unity Friendly Society.

1. Eligibility / opening the Junior ISA

a. Anyone aged under 18 who is a UK resident for tax purposes.

b. You haven’t subscribed to another Junior Stocks & Shares ISA in the current tax or already have a Child Trust Fund (CTF). If you have, then you can apply to transfer it to our Friends & Family Junior ISA.

c. If your Junior ISA has or will become void because of any failure to meet the regulations that we are aware of then we will inform you. If you believe you have broken any regulations (i.e. by opening two Junior ISAs of the same type), you must contact the HMRC Savings helpline on 0300 200 3312.

d. You can apply online or download an application pack at ffjisa.co.uk. Alternatively, you can contact us to request a paper application form, which we can send to you.

e. A deposit will need to be made in order to open the account. See the ‘Paying in’ section for details.

2. Your right to cancel

a. You have 30 days from the date you receive the cancellation notice to cancel.

b. A full refund of any payments made into the account will be made.

3. Ownership / Registered Contact

a. If a child is under 16 then a parent or guardian, with parental responsibility, must open the account and will be the Registered Contact. The account will be in the child’s name, but the Registered Contact will be responsible for managing it.

The following Terms & Conditions explain how our Friends & Family Junior ISA will be managed and sets out both your rights and ours. Please make sure you read this document carefully as it contains information you need to know.

b. When the child turns 16 they can apply to become the Registered Contact.

c. 16 and 17 year olds can open their own account.

d. Once the account holder turns 18 then the account will roll over into an Adult ISA and the Terms & Conditions of the Adult ISA will then apply.

e. The account cannot be assigned to anyone else and cannot be used as security for a loan.

4. Transferring to us

a. You can transfer a Cash Junior ISA, a Stocks & Shares Junior ISA or a CTF account held in your child’s name. You must be the account holder or Registered Contact on the account you are requesting to transfer to us. To transfer an existing JISA simply complete the transfer section of the application form. To transfer an existing CTF, please contact us for a transfer application form.

5. Transferring to another provider

a. You can transfer to another Junior ISA provider at any time, you will need to contact the new provider to arrange this for you.

b. Once we receive a valid instruction from your new provider we will carry out this transfer within 30 days. Depending on the performance of investment returns then a MVR may be applied if you transfer to another provider before the child’s 18th birthday (see section 8).

6. Paying in

a. Anyone can pay into the account. We accept regular payments of £5 or more per month and one-off payments from £10 up to the annual limit set by the Government.Current limits are available on our website.

b. We cannot refuse payments made into the account, unless the Government’s annual limit has been reached.

c. We accept payments by Direct Debit, debit card, bank transfer and cheques. All payments made into the account are classed as gifts to the child and cannot be returned to the payer.

Friends & Family Junior ISA • Terms & Conditions • 1

Friends & Family Junior ISA Terms & Conditions

Kingston Unity is a trading name of Kingston Unity Friendly Society Limited, 9 Navigation Court, Calder Park, Wakefield, WF2 7BJ. The Society is registered and incorporated under the Friendly Societies Act 1992, registered number 775F and is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority, firm reference number 110056.

Find out more at [email protected] 01924 240 164 ffjisa.co.uk

20181001/005

7. Withdrawals or closures

a. You can’t take money out or close the Junior ISA until the account holder is 18. The only exception is if the child becomes terminally ill or dies.

b. Terminal Illness: If the child is diagnosed with a terminal illness, you may be able to make withdrawals from the account — you’ll need the permission of HMRC to do this. Please contact us if this happens.

c. Death: If the child dies, please let us know. We won’t be able to accept any more payments into the account and the balance will become part of the child’s estate. The Society will pay 101% of the value of the account at the date of death.

8. Market Value Reduction (MVR)

a. An MVR may be applied if you transfer to another provider before the child’s 18th birthday.

9. Child’s 18th birthday / Guarantees / MVR free dates

a. We guarantee to pay out the value of the account (including all contributions paid plus any bonuses declared) on the child’s 18th birthday if they withdraw within 7 days. Depending on the investment returns at the time, any withdrawals made after this date may be subject to a MVR.

b. We will contact the child before their 18th birthday with their options. They can keep the tax free status as the account rolls into an Adult ISA or they can withdraw their funds without an MVR during the 7 day guarantee period.

10. Bonuses

a. To enable the Actuary to identify what portion of the With Profits fund is allocated to the account, for each pound paid in, the account will be allocated one unit. This helps the Society to allocate bonuses and ensure that the child receives their fair share of the value of the With Profits fund when they withdraw or transfer their investment.

b. A Reversionary Bonus is added annually and is calculated by the Actuary for the Society and agreed by Board of

Management. This reflects the smoothed performance of the With Profits fund after allowing for the level of guarantees within the fund. It will also reflect an allowance for expenses as a percentage of funds under management. The bonus will be calculated on the previous year and will depend on the balance of the Junior ISA during this year. Once the net rate is announced and has been added to the account it can’t be removed.

c. An interim Reversionary Bonus is announced at the same time and is applied to accounts that are closed before the next Reversionary Bonus is announced. This rate is not guaranteed and can be changed or reversed at any time by the Board in its absolute discretion.

d. The Board may declare, from time to time, a Final Bonus which would increase the value of the account payable on death, on transfer or on closure.

11. Charges

a. We aim to charge a fair share of our expenses to each account holder and we can decrease or increase charges made on the account. At present we expect to charge 1.5% of the funds under management.

12. Voting rights and attending the AGM

a. As a Member of the Society the account holder, if they are aged 18 or over has the right to attend and vote at the Society’s AGM. To do this, you must first apply to become a delegate. Anyone under the age of 18 is not able to attend and vote at the AGM. However, the Registered Contact for their account can apply to become a delegate and will have the same voting rights as any Member.

Friends & Family Junior ISA • Terms & Conditions • 2

Friends & Family Junior ISA Single paymentKey Information Document

Friends & Family Junior ISA (Single payment) • Key Information Document • 1

What are the risks and what could I get in return?Risk Indicator

The risk indicator assumes you keep the product for 15 years.

The summary risk indicator is a guide to the level of risk of this product compared to other products. It shows how likely it is that the product will lose money because of movements in the markets or because we are not able to pay you. We have classified this product as 3 out of 7, which is a medium-low risk class. This rates the potential losses from future performance at a medium-low level, depending on the performance of investment returns then a Market Value Reduction (MVR) may be applied if you transfer to another provider before the child’s 18th birthday. We guarantee to pay out the value of the account (including all contributions paid plus any bonuses declared) on the child’s 18th birthday if they withdraw within 7 days. Depending on the investment returns at the time, any withdrawals made after this date may be subject to a MVR.

continued overleaf...

PurposeThis document provides you with key information about this investment product. It is not marketing material. The information is required by law to help you understand the nature, risks, costs, potential gains and losses of this product and to help you compare it with other products.

ProductThe ‘Friends and Family Junior ISA’ is manufactured by Kingston Unity Friendly Society Limited. For more information visit kingstonunity.co.uk or call 01924 240164. The Financial Conduct Authority (FCA) is the competent authority of Kingston Unity. This Key Information Document (KID) was produced on 03 July 2019.

What is this productType With Profits Junior ISA

Objectives To enable you to save or invest tax free, in a range of assets, to build up a lump sum with medium to low risk, with the aim of outperforming deposit based accounts. The With Profits fund in which your contributions are invested in invests in a range of assets such as equities, property, fixed interest and cash.

The return on your investments is dependent on the performance of the With Profits fund as well as any expenses incurred by the Society and other factors such as the number of withdrawals and closures.

Your investment return is added to your account in the form of an annual bonus which is determined in conjunction with the Actuary.

Intended retail investor UK resident children aged under 18 who are not eligible for a Child Trust Fund, or who have a Child Trust Fund to transfer into a Junior ISA. Individuals with parental responsibility for an eligible child aged up to 15.

Eligible individuals aged 16 or 17 who wish to save or invest tax free until at least their 18th birthday.

Insurance benefits If the account holder dies before the maturity date (i.e. before they reach 18 years of age) then 101% of value of the ISA at the date of death will be paid to their estate.

The value of the benefits can be found below in the section ‘What are the risks and what could I get in return.’

We accept regular payments by Direct Debit from £5 per month and one-off payments from £10 up to the Government’s maximum limit per tax year. The Government sets the maximum limit for investment into an ISA within a tax year. You’ll find the current limits on our website.

Further information The maturity date of this product is the 18th birthday of the accountholder. No withdrawals are allowed until the child reaches the age of 18 when the ISA will be accessible by the child only. The only potential exception is upon the diagnosis of a terminal illness or death of a child.

Kingston Unity is not entitled to unilaterally terminate this product

1 2 3 4 5 6 7

Lower risk Higher risk


What happens if Kingston Unity Friendly Society Limited is unable to pay out? The Society is covered by the Financial Services Compensation Scheme (FSCS). If we cannot meet our obligations, you may be entitled to compensation from the scheme. Circumstances vary, but most types of investment business are covered up to £85,000. Further information about compensation arrangements is available from the FSCS website www.fscs.org.uk or by calling 0800 678 1100.

Performance Scenarios The table below shows the money you could get back over the next 15 years, under different scenarios, assuming that you invest £10,000. The scenarios shown illustrate how your investment could perform. You can compare them with the scenarios of other products. The scenarios presented are an estimate of future performance based on evidence from the past on how the value of this investment varies and are not an exact indicator. What you get back will vary depending on how the market performs and how long you keep the product. The stress scenario shows what you might get back in extreme market circumstances, and it does not take into account the situation where we are not able to pay you. The figures shown include all the costs of the product. The figures do not take into account your personal tax situation, which may also affect how much you get back

Investment: £10,000Scenarios

1 Year 8 years 15 YearsRecommended holding period

Stress scenarioWhat you might get back after costs (£) £8,599.71 £6,994.05 £10,000.00

Average return each year (%) -14.00% -4.37% 0.00%

Unfavourable scenarioWhat you might get back after costs (£) £9,981.49 £13,049.59 £17,830.20

Average return each year (%) -0.19% 3.38% 3.93%

Moderate scenarioWhat you might get back after costs (£) £10,540.63 £15,276.88 £22,110.66

Average return each year (%) 5.41% 5.44% 5.43%

Favourable scenarioWhat you might get back after costs (£) £11,139.40 £17,862.19 £27,443.73


What are the costs?The Reduction in Yield (RIY) shows what impact the total costs you pay will have on the investment return you might get. The total costs take into account one-off, ongoing and incidental costs.

The amounts shown here are the cumulative costs of the product itself, for three different holding periods. They include potential early exit

penalties. The figures assume you invest £10,000. The figures are estimates and may change in the future.

Investment: £10,000Scenarios

If you cash in after

1 YearIf you cash in after

8 YearsIf you cash in after

15 Years

Total costs (£) £157.43 £1,923.55 £5,506.12

Impact on return (RIY) per year (%) 1.57% 1.57% 1.57%



How long should I hold it and can I take money out early? Recommended holding period: 15 years

The recommended holding period has been selected to enable investors to benefit from long term growth whilst avoiding short term volatility.

You can’t take money out before the accountholder’s 18th birthday, and on their 18th birthday they have full control of their Junior ISA.

How can I complain? To make a complaint about our products or our conduct, contact us with your full name and address, your account number and details of your complaint. More information can be found at: kingstonunity.co.uk.

You can submit your complaint via post to Complaints Department, Kingston Unity Friendly Society Limited, 9 Navigation Court, Calder

Other relevant information Additional information about the product and policy conditions can be found in our Product Guide and Terms & Conditions and are available on our website.

Kingston Unity is a trading name of Kingston Unity Friendly Society Limited, 9 Navigation Court, Calder Park, Wakefield, WF2 7BJ. The Society is registered and incorporated under the Friendly Societies Act 1992, registered number 775F and is authorised by the Prudential Regulation

Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority, firm reference number 110056.

Composition of costs The table below shows:

• the impact each year of the different types of costs on the investment return you might get at the end of the recommended holding period;

• the meaning of the different cost categories.

This table shows the impact on return per year

One – off costsEntry costs Nil This product does not charge any entrant costs.

Exit costs Nil This product does not charge any exit costs.

Ongoing costs

Portfolio transaction costs 0.05%The impact of the costs of us buying and sellingunderlying investments for the product.

Insurance costs Nil This product does not charge any insurance costs.

Other ongoing costs 1.52%The impact of the costs that we take each year for managing your investments.

Incidental costsPerformance fees Nil This product does not charge any performance fees.

Carried interests Nil This product does not charge any carried interests.

20190702/0062

Friends & Family Junior ISA (Regular payment) • Key Information Document • 1

Friends & Family Junior ISA Regular paymentKey Information Document

What are the risks and what could I get in return?Risk Indicator

The risk indicator assumes you keep the product for 15 years.

The summary risk indicator is a guide to the level of risk of this product compared to other products. It shows how likely it is that the product will lose money because of movements in the markets or because we are not able to pay you. We have classified this product as 3 out of 7, which is a medium-low risk class. This rates the potential losses from future performance at a medium-low level, depending on the performance of investment returns then a Market Value Reduction (MVR) may be applied if you transfer to another provider before the child’s 18th birthday. We guarantee to pay out the value of the account (including all contributions paid plus any bonuses declared) on the child’s 18th birthday if they withdraw within 7 days. Depending on the investment returns at the time, any withdrawals made after this date may be subject to a MVR.


PurposeThis document provides you with key information about this investment product. It is not marketing material. The information is required by law to help you understand the nature, risks, costs, potential gains and losses of this product and to help you compare it with other products.

ProductThe ‘Friends and Family Junior ISA’ is manufactured by Kingston Unity Friendly Society Limited. For more information visit kingstonunity.co.uk or call 01924 240164. . The Financial Conduct Authority (FCA) is the competent authority of Kingston Unity. This Key Information Document (KID) was produced on 03 July 2019.

What is this productType With Profits Junior ISA

Objectives To enable you to save or invest tax free, in a range of assets, to build up a lump sum with medium to low risk, with the aim of outperforming deposit based accounts. The With Profits fund in which your contributions are invested in invests in a range of assets such as equities, property, fixed interest and cash.

The return on your investments is dependent on the performance of the With Profits fund as well as any expenses incurred by the Society and other factors such as the number withdrawals and closures.

Your investment return is added to your account in the form of bonus which is determined in conjunction with the Actuary.

Intended retail investor UK resident children aged under 18 who are not eligible for a Child Trust Fund, or who have a Child Trust Fund to transfer into a Junior ISA. Individuals with parental responsibility for an eligible child aged up to 15. Eligible individuals aged 16 or 17 who wish to save or invest tax free until at least their 18th birthday.

Insurance benefits If the accountholder dies before the maturity date (i.e. before they reach 18 years of age) then 101% of value of the ISA at the date of death will be paid to their estate.

The value of the benefits can be found below in the section ‘What are the risks and what could I get in return.’

We accept regular payments by Direct Debit from £5 per month and one-off payments from £10 up to the Government’s maximum limit per tax year. The Government sets the maximum limit for investment into an ISA within a tax year. You’ll find the current limits on our website.

Further information The maturity date of this product is the 18th birthday of the accountholder. No withdrawals are allowed until the child reaches the age of 18 when the ISA will be accessible by the child only. The only potential exception is upon the diagnosis of a terminal illness or death of a child. Kingston Unity is not entitled to unilaterally terminate this product

1 2 3 4 5 6 7

Lower risk Higher risk


What happens if Kingston Unity Friendly Society Limited is unable to pay out? The Society is covered by the Financial Services Compensation Scheme (FSCS). If we cannot meet our obligations, you may be entitled to compensation from the scheme. Circumstances vary, but most types of investment business are covered up to £85,000. Further information about compensation arrangements is available from the FSCS website www.fscs.org.uk or by calling 0800 678 1100.

Performance Scenarios The table below shows the money you could get back over the next 15 years, under different scenarios, assuming that you invest £1,000 each year. The scenarios shown illustrate how your investment could perform. You can compare them with the scenarios of other products. The scenarios presented are an estimate of future performance based on evidence from the past on how the value of this investment varies and are not an exact indicator. What you get back will vary depending on how the market performs and how long you keep the product. The stress scenario shows what you might get back in extreme market circumstances, and it does not take into account the situation where we are not able to pay you. The figures shown include all the costs of the product. The figures do not take into account your personal tax situation, which may also affect how much you get back.

Investment: £1,000 (each year)Scenarios

1 Year 8 years 15 YearsRecommended holding period

Stress scenarioWhat you might get back after costs (£) £859.38 £6,464.61 £15,000.00

Average return each year (%) -14.06% -4.76% 0.00%

Unfavourable scenarioWhat you might get back after costs (£) £996.94 £9,216.54 £20,423.08

Average return each year (%) -0.31% 3.14% 3.77%

Moderate scenarioWhat you might get back after costs (£) £1,054.44 £10,204.26 £23,472.90


Favourable scenarioWhat you might get back after costs (£) £1,114.26 £11,348.50 £27,142.03


Accumulated invested amount £1,000.00 £8,000.00 £15,000.00

What are the costs?The Reduction in Yield (RIY) shows what impact the total costs you pay will have on the investment return you might get. The total costs take into account one-off, ongoing and incidental costs.

The amounts shown here are the cumulative costs of the product itself, for three different holding periods. The figures assume you invest £1,000 each year. The figures are estimates and may change in the future.

Costs over time

Investment: £1,000 (each year)Scenarios

If you cash in after

1 YearIf you cash in after

8 YearsIf you cash in after

15 Years

Total costs (£) £15.75 £755.32 £3,401.98

Impact on return (RIY) per year (%) 1.57% 1.58% 1.58%



How long should I hold it and can I take money out early? Recommended holding period: 15 years

The recommended holding period has been selected to enable investors to benefit from long term growth whilst avoiding short term volatility.

You can’t take money out before the accountholder’s 18th birthday, and on their 18th birthday they have full control of their Junior ISA.

How can I complain? To make a complaint about our products or our conduct, contact us with your full name and address, your account number and details of your complaint. More information can be found at: kingstonunity.co.uk.

You can submit your complaint via post to Complaints Department, Kingston Unity Friendly Society Limited, 9 Navigation Court, Calder

Other relevant information Additional information about the product and policy conditions can be found in our Product Guide and Terms & Conditions and are available on our website.

Kingston Unity is a trading name of Kingston Unity Friendly Society Limited, 9 Navigation Court, Calder Park, Wakefield, WF2 7BJ. The Society is registered and incorporated under the Friendly Societies Act 1992, registered number 775F and is authorised by the Prudential Regulation

Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority, firm reference number 110056.

Composition of costs The table below shows:

• the impact each year of the different types of costs on the investment return you might get at the end of the recommended holding period;

• the meaning of the different cost categories.

This table shows the impact on return per year

One – off costsEntry costs Nil This product does not charge any entrant costs.

Exit costs Nil This product does not charge any exit costs.

Ongoing costs

Portfolio transaction costs 0.05%The impact of the costs of us buying and sellingunderlying investments for the product.

Insurance costs Nil This product does not charge any insurance costs.

Other ongoing costs 1.53%The impact of the costs that we take each year for man-aging your investments.

Incidental costsPerformance fees Nil This product does not charge any performance fees.

Carried interests Nil This product does not charge any carried interests.

20190702/005

TransferApplication Form

Child Trust Fund to Friends & Family (Stocks & Shares) Junior ISA

Kingston Unity is a Friendly Society. We’re totally different to banks, because we’re owned by our Members. We’re run for the benefit of you, and your family, not for shareholder profit.

We’ve helped hundreds of thousands of Members, their children and grandchildren, to make more of their money with tax-efficient savings and investments. We’ve been looking after our members’ money and best interests since 1840. We’re financial friends for life.

Our promise to you

We will treat you as a ‘retail customer’ which means that you will receive the highest level of customer protection available under UK financial services rules and regulations. You will be treated fairly in all of your dealings with Kingston Unity including:

• The product and associated services will be clearly described, so that you can decide whether it meets your needs

• Being provided with clear and accurate information, during and after the point of sale

• We will deal effectively with your queries and complaints. See Key Information Document for our complaints procedure.

Your obligation

• To complete the application to the best of your knowledge and inform Kingston Unity in writing immediately of any changes in your circumstances

• To read and understand the Product Guide, Key Information Document and Terms & Conditions of this product before making an application

• To read all documentation that we send to you.

01924 240 [email protected]/FFJISA

What to do next

If you have read all the information and are ready to transfer your CTF, simply complete and return this application toFreepost KINGSTON UNITY (Please note, this is the full address)

If you have any questions whilst completing this form you can contact us on:

Application checklist

Section 1 to 3 If the applicant is under 16 then the Registered Contact needs to complete this section. If the applicant is aged 16 or 17 then they only need to complete section 1 & 3.

Section 4 Details about your existing Child Trust Fund (CTF) that you wish to transfer to us. We will use this information to contact your existing CTF provider to arrange the transfer to us.

Page 2

Section 7 Answer these questions to see if this product meets your needs.

Page 4 Page 5

Section 9 Please read the declaration in full and once you have completed the application form, sign and date it in the space provided.

Section 10 If someone has recommended you or if you have a promotional code then you can add it here and let us know how you heard about us.

Section 8 This section describes how and in what circumstances we will use the personal information you give to us. It also gives you the opportunity to tell us whether or not you would like to receive newsletters and information about our other products and services, and to indicate your communication preferences if so.

Sections 5 & 6 If you would like to make additional contributions into this Junior ISA complete this section. You can make a regular Direct Debit from £5 per month and/or a lump sum payment by cheque or bank transfer. The minimum lump sum amount is £10.

Page 3

Friends & Family (Stocks & Shares) Junior ISA • Application Form • 1



Please complete this form in BLOCK CAPITALS using black ink. To open the account, you must be the existing Registered Contact of the CTF account you are transferring to us. Simply complete the form below and read the checklist on the previous page. If you would like any help completing your application, you can contact us on 01924 240 164.

1. The child’s details - I apply to transfer the Child Trust Fund to a Stocks & Shares Junior ISA for:

Please note: • A stakeholder CTF is different to a Stocks and Shares Junior ISA, including the 1.5% Annual Management Charge. Please

make sure you have read the Product Guide and Terms & Conditions of our Friends & Family Junior ISA before continuing. • The annual charge cap of 1.5% for Stakeholder Child Trust Fund’s is not included in our Friends & Family Junior ISA and we

could charge more than 1.5%.• As well as being subject to the terms and conditions of the Junior ISA receiving the transfer proceeds, the transfer will be

undertaken subject to the terms and conditions applying to your CTF. If you are not sure what conditions apply please check with your existing CTF provider before completing this form.

• If the transfer from the CTF is not successful, any Junior ISA that has been opened on a provisional basis to accept the transfer will be invalid. We don’t request the funds from your current provider until the cancellation period has ended. The CTF status will remain intact.

4. Transferring an existing Child Trust Fund

* We will use this email address to set up the online dashboard where you will be able to view the account and make additional payments.

2. Registered Contact’s details – (if child is under 16)

3. Email address - (For either the Registered Contact or the child if aged 16/17)

Email

Title

Address

Post code

First name Last name

Date of birth dd/mm/yyGender Male Female

Telephone

Title

Address

Post code

First name Last name

Date of birth dd/mm/yyGender Male Female

Telephone

If different from child’s address

CTF provider name

CTF provider address

Post code

Estimated value of Transfer £

* Child’s Unique Reference Number if known.

Child’s URN*

CTF to Friends & Family Junior ISA • Transfer Application Form • 2

6. Instruction to your bank or building society to pay by Direct Debit

Instruction to your Bank or Building Society to pay by Direct Debit

Service user number

2 7 4 3 8 4

Please fill in the whole form using a ball point pen and send it to:

Applications, Kingston Unity Friendly Society Limited9 Navigation Court, Calder Park Wakefield WF2 7BJ

Name(s) of Account Holder(s)

Bank/Building Society account number

Branch Sort Code

Name and full postal address of your Bank or Building Society

ReferenceTo: The Manager Bank/building society

Address

Postcode

Instruction to your Bank or Building SocietyPlease pay Kingston Unity Friendly Society Limited Direct Debits from the account detailed in this Instruction subject to the safeguards assured by the Direct Debit Guarantee. I understand that this Instruction may remain withKingston Unity Friendly Society Limited and, if so, details will be passed electronically to my Bank/Building Society.

Signature(s)

Date

The Direct Debit Guarantee• This Guarantee is offered by all banks and building societies that accept instructions

to pay Direct Debits

• If there are any changes to the amount, date or frequency of your Direct Debit Kingston Unity Friendly Society Limited will notify you 10 working days in advance of your account being debited or as otherwise agreed. If you request Kingston Unity Friendly Society Limited to collect a payment, confirmation of the amount and date will be given to you at the time of the request

• If an error is made in the payment of your Direct Debit, by Kingston Unity Friendly Society Limited or your bank or building society, you are entitled to a full and immediate refund of the amount paid from your bank or building society

– If you receive a refund you are not entitled to, you must pay it back when Kingston Unity Friendly Society Limited asks you to

• You can cancel a Direct Debit at any time by simply contacting your bank or building society. Written confirmation may be required. Please also notify us.

Banks and Building Societies may not accept Direct Debit Instructions for some types of account. This guarantee should be detached and retained by the payer.



5. Making additional payments

If you would like to make additional contributions simply complete the details below with your method of payment. All payments are a gift to the child, cannot be returned to the payer and are subject to the maximum limit set by the Government. This can be found on our website at fjisa.co.uk. Additional contributions won’t be added to the account until the transfer has been completed.

5b. Monthly Direct Debit

Choose the amount you would like to invest each month

Monthly collection date Choose one1st 16th

£10 £20 £30 Other £ *minimum £5

Please complete section 6 with your bank details.

5a. Lump Sum payment

Would you like to pay by bank transfer or by cheque?

Initial lump sum investment amount? £

bank transfer cheque

*minimum £10

If you would like to make an initial lump sum payment, choose whether you would like to pay by bank transfer or by cheque:

Cheque: Please make your cheque payable to Kingston Unity ‘your child’s full name’ and enclose it with this application

Bank Transfer: Account name: Kingston Unity Sort Code: 60-60-05 Account: 4 5 9 4 1 0 8 4 Reference: Your child’s URN as a reference



Yes No

Yes No

a. Are you looking to save for the medium to long term (until the account holder’s 18th birthday)?

b. Are you aware that withdrawals cannot be made from the account until the account holder’s 18th birthday, and then only by the account holder?

d. Are you aware that a Market Value Reduction (MVR) may apply to transfers or withdrawals taken at a time other than the guaranteed date of the account holder’s 18th birthday?

If you answer no to questions a, b or d, this product may not meet your needs. We are not able to provide you with financial advice. So, if you are in any doubt whether this Junior ISA meets your savings needs, you can seek advice from a Financial Adviser. Please be aware that you may be charged for this advice.

Yes No

The following questions will help you to understand whether our Junior ISA meets your needs and will enable you to make an informed decision about the suitability of this product. If the account holder is under 16, the Registered Contact should answer these questions on the child’s behalf.

We will not be able to process your application without this section being completed.

7. Demands & Needs

Retain for Direct Debit Guarantee

8a. keeping you informedKingston Unity would like to keep you informed of other products and services we offer, which we feel may be of interest to you. We will never sell or licence your personal information to a third party. You can easily “opt out” of receiving such information at any time by contacting us.Would you like to receive a Member newsletter?We currently send a Member newsletter by email twice a year. It includes Society news, financial and lifestyle articles and information about community events. If you would like to receive this tick the box below:

Would you like to receive information and offers about our products & services?If you would like to hear about the latest offers and information about our products and services please tick the appropriate boxes:

8. How your information will be usedWe will use your personal information, and the personal information about the child for whom you are applying, that you provide us with to administer their account, including collecting payments, managing claims and withdrawals and providing regular statements.If you register an interest in an event, promotion or product for yourself we will use the personal information you give us to get in touch with you about it according to your indicated communication preferences.We may share the personal information you give us with our service providers to conduct our business efficiently and effectively.Information about your rights (and those of the child) in relation to our processing of your personal data are set out in our ‘Privacy Notice’. You can also find out more information about how, what, when and why we process such personal information in this notice. We take your privacy very seriously and we think you should too, so please take a moment to read this notice in full.

Yes, keep me updated by Email

Email Post Phone Text Message

Yes Noc. Are you currently contributing to another Stocks & Shares Junior ISA with another provider?

CTF to Friends & Family Junior ISA • Transfer Application Form • 4



9. Declaration - please ensure you sign and date this section

Once your application is complete, simply return it using our freepost address:

Freepost KINGSTON UNITY (Please note, this is the full address)

9a. I declare that:• I am 16 years of age or over

• I am the child, or I am the Registered contact for the Child Trust Fund and I have parental responsibility for the child

• I will be the Registered Contact for the Friends & Family Junior ISA

• The child is resident in the UK, or is a UK Crown servant, a dependant of a UK Crown servant or is married to/in a civil partnership with a UK Crown servant

• The child will be the beneficial owner of the investments held in the Junior ISA

• The child has not subscribed and will not subscribe to another Stocks & Shares Junior ISA. I am not aware of any other Stocks & Shares Junior ISA held by the child

• I am not aware of other Junior ISA subscriptions that will result in this child exceeding the annual limit and I will not knowingly make subscriptions to Junior ISA’s for this child that will result in the subscription limit being exceeded.

9b. I authorise my existing Child Trust Fund provider:• To transfer the Child Trust Fund to Kingston Unity

• To provide Kingston Unity with any information, written or non-written, concerning the CTF and to accept any instruction from them relating to the CTF being transferred.

9c. I authorise Kingston Unity Friendly Society Limited:• To hold the child’s contributions, Junior ISA investments,

interest, dividends and any other rights or proceeds in respect of those investments and cash, and

• To make on the child’s behalf any claims to relief from tax in respect of Junior ISA investments.

9d. I agree to inform Kingston Unity in writing immediately of any changes in the child’s or my details.

9e. I have read and understand the Product Guide, Key Information Document and Terms & Conditions of the Friends and Family Junior ISA.

9f. I declare that this application has been completed to the best of my knowledge and belief.

Sign Here Date dd/mm/yy

10. Further information

Promo code How did you hear about us?


Find out more at [email protected] 01924 240 164 kingstonunity.co.uk/FFJISA

20200203/002 CTF to Friends & Family Junior ISA • Transfer Application Form • 5

Privacy Notice

What information we may collect about you

We collect personal information about you if you:

− visit our website

− apply for or register an interest in a product for yourself or your child

− get in touch about an event we are hosting or promotion we run.

We may collect it in person, over the telephone, in writing or over email, and through our website. Where you are applying for a child product, such as a Junior ISA, we will collect information about you as the parent/guardian and your child as the account holder. This includes information such as a name, address, email address, date of birth, and your bank/payment card details.

Depending on the product, we may collect special category information such as health and medical information that helps us to underwrite an insurance policy and to administer your plan. If we need this information we will obtain your explicit consent to collect and use it.

We also collect information on how you would like to be contacted by us in relation to the products that you apply for and any marketing material or communications that you may wish to receive.

We collect information about your computer’s internet protocol (IP) address when you visit our website using Cookies and when you apply for a product online. There are four different types of Cookies that the Society uses, necessary cookies are needed to make our website work, and these are automatically placed on your device when you visit our site. The other three types of Cookies allow us to run software to be able to understand who visits our website and target specific types of individuals for marketing campaigns etc. These Cookies are placed directly from Kingston Unity, but can also share your data with third parties such as Google and Facebook. These Cookies require a positive ‘opt in’ from you before they can be placed on your device. As part of our

Your privacy and the security of your personal information are very important to us. We want you to know that it will be properly managed and protected whilst in our hands. Please note that email, and other communication over the internet is inherently insecure unless it has been encrypted. Please consider this before sending us any personal information through an un-encrypted channel such as email.

Cookie notification, we also explain how to remove Cookies from your device and how you can block specific types of Cookies being placed on your browser in the future. For more information on how we use cookies visit our website kingstonunity.co.uk/cookies.

We do not control the content of any websites other than kingstonunity.co.uk even if we offer a link to them, and have no say over what information other website controllers may collect from you or how and why any such information may be used. Any other website should have its own privacy notice which will govern any interactions you have with that website.

How we may use your information

If you take out a product with us, we will use your personal information to administer your plan, including collecting payments, managing claims and withdrawals and providing you with regular statements. Initially we will also use your personal information to confirm that you are eligible for the relevant product, verify your identity and (depending on the product) assess the insurance risk.

If you register an interest in an event, promotion or product, we will use the personal information you give us to get in touch with you about it according to your indicated communication preferences.

We may also use information we hold about you to help us to:

− provide you with updates and offers about our products and services through direct marketing (e.g. phone, email, text, post)

− determine which of our products and services may be of interest to you

− improve our member service.

If we collect information from you to help detect and prevent financial crime (such as identity verification information) we will only use that information for this specific purpose.

Privacy Notice • 1

Privacy Notice

Sharing your information

We may share your personal information with our service providers to conduct our business efficiently and effectively. These include Microsoft Azure, our IT service providers, our marketing agency and our printers. When required, we may also share your personal information with our professional advisers and regulators, and with your bank or building society for Direct Debit collections.

If you have applied for a product via a Financial Adviser we will share your personal information with them unless you instruct us otherwise.

We will never sell or licence your information to a third party.

Storage and retention

Your personal information will be stored within our databases, and our digital and paper filing systems. Some of these are stored in secure cloud-based systems in the UK, and are accessible by Kingston Unity staff and our IT service provider. We encrypt data and have appropriate technical and operational security measures in place to protect your personal information from abuse or misuse.

We are required by our regulators to retain product, transactional and personal information for a period of time, after which time we will delete it securely in accordance with good industry practice. We also retain certain types of personal information (i) for our legitimate business purposes, for example to defend ourselves against legal action and (ii) with your consent, for marketing purposes. We retain and delete information in-line with our Data Protection and Retention Policy, which is regularly reviewed and updated in-line with relevant regulations.

Changes to our privacy notice

We keep our privacy notice under regular review, any updates are posted on our website at kingstonunity.co.uk/privacy-notice

This privacy notice was last updated on 30 January 2020.

Your rights

We want you to have control over how we use your information. Subject to any regulatory obligations we may owe you, you can ask us to confirm your communication preferences, and change them at any time by visiting kingstonunity.co.uk/update or by contacting us using the details below. We will remind you of your right to change your communication preferences whenever we contact you.

You also have the right to request us to update or remove inaccurate information about you. If we are processing your personal information solely on the basis of your consent you have the right to withdraw it at any time. Please let us know if this is the case using the contact information below.

We will never use special category information (such as information relating to your health) to assist us in the marketing of products to you.

Access to information we hold about you

If you would like to know what information we hold about you, or would like to take any of the other actions mentioned above regarding your personal information please contact us at:

Member Services Kingston Unity Friendly Society Limited 9 Navigation Court Calder Park Wakefield WF2 7BJ

Tel: 01924 240164

Email: [email protected]

To protect your information and in order to satisfy a request you make in this regard we may first need to take steps to confirm your identity. Where requests are unfounded or excessive, we reserve the right to charge a reasonable fee or refuse to act on the request.


Find out more at [email protected] 01924 240 164 kingstonunity.co.uk

20200105/001 Privacy Notice • 2

Documents

Friends & Family Junior ISA...Friends & Family Junior ISA 3 Whether you’re young or want to help a youngster save tax-free, take a look into our Friends and Family Junior ISA which