World Friendly Stocks and Shares ISA - investing for a better future and environment
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Make the most
of your ISA
allowance in a
“green” way
World Friendly
Stocks and Shares ISA
investing for a better future and environment
Transport Friendly Society
Transport Friendly Society (TFS) is a mutual organisation which means any profits are for the benefit
of its members because we do not have any shareholders. TFS is run by passenger transport people
for the benefit of passenger transport people, their families and friends.
TFS started in 1885 and began by providing peace of mind to bus drivers, who in exchange for a
penny or two per week, knew that if they died while working on the buses, their loved ones would
have some money to help them pay for essentials.
Today TFS is still providing that peace of mind. In 2020 the Transport Friendly Society had over
22,800 members, assets worth well in excess of £70 million under management and had paid out in
excess of £2.5 million in benefits.
Membership is open to anyone associated with passenger transport, their family and friends.
The TFS World Friendly Stocks and Shares ISA
What is the TFS ISA?
Saving for your future is important, no matter what your goal may be. However, we understand that
making a decision on what to do with your money can be difficult. A smart choice may be to take
advantage of saving your money in an ISA. Our Stocks and Shares ISA lets you invest and save in a
way that is easy to understand, flexible and tax-efficient. Your tax-free payments can be made on a
regular or one-off basis and you will have the flexibility to make changes as and when you need to.
Our Stocks and Shares ISA is a medium to long-term investment. We want your money to be saved in
the way that suits you best, so we allow you to decide for yourself which funds you wish to invest in.
All funds have the added value of showing commitment towards being ethically responsible, aiming
to influence positive change to the environment and society.
Who can benefit from the TFS ISA?
You can apply to open a TFS ISA for yourself, to save money for the long-term and even support your
retirement. You can also open a Junior TFS ISA for your children, which they will be able to withdraw
once they turn 18, and help them fund some of their future expenses such as, their further education,
driving lessons or job training.
Please note: Past performance cannot guarantee future returns
“The TFS ISA seems like
a great way to save for
my future, while doing my
part on environmental
responsibility.”
2
TFS World Friendly Stocks and Shares ISA -
at a glance
Environmentally friendly Investment
Our funds are designed to respond to environment, social and governance (ESG) risks such as climate
change, aiming to influence positive change.
Key features
• Stocks and Shares ISA and Junior Stocks and Shares ISA available
• Tax-efficient saving
• Invest in environmentally friendly funds
• Start investing from £30 a month or a lump sum of £500 or more
• Easy access to your money with withdrawals at any time
• Transfer your existing ISA to TFS or apply to open a new ISA with TFS
3
Frequently Asked Questions
What is an ISA? Who can open an ISA?
ISA stands for Individual Savings Account. An ISA You are eligible to open an ISA if you are 18 or over
allows you to save or invest money in a tax-free and resident in the UK for tax purposes.
way. If you are under the age of 18, a Junior ISA can be
There is an annual limit, set by the Government, opened on your behalf.
as to how much you can put into an ISA every tax
year, which is called your “ISA allowance”. Can I transfer my existing ISA to the TFS ISA?
The latest ISA allowance is also available on Yes, you can transfer your existing ISA to TFS by
www.tfs.uk.com/ISA. completing a Transfer Form.
Please do not close or withdraw the money from
What is a Junior ISA? your existing ISA yourself, when transferring your
Junior ISA is a savings account that is set up by a existing ISA, as you will lose the tax benefit.
parent or guardian for their child. Contributions
can be made by family and friends and funds can Can I have more than one ISA?
only be accessed by the child upon their 18th You may only have one Cash ISA and one Stocks
birthday. and Shares ISA, which you are contributing to in
The latest Junior ISA allowance is also available any one year. The TFS ISA is a Stocks and Shares
on www.tfs.uk.com/ISA. ISA.
What is a Stocks and Shares ISA? Can I have a TFS Tax-Free Savings Plan and a
TFS Stocks and Shares ISA is a whole of life TFS ISA?
insurance policy that allows you to invest your Yes, you can have both, as your annual ISA
money in a range of assets, such as stocks and allowance is separate from your TFS Tax-Free
shares, bonds and commercial properties. It Savings Plan.
aims to give you a fair return on your investment.
A Stocks and Shares ISA should be regarded as How long can I save for?
a long-term investment with a minimum of five There is no specific term, but in order to take full
years. advantage, investing in a Stocks and Shares ISA
should be viewed as a long-term investment of
While a Stocks and Shares ISA offers the potential
five to ten years.
of greater growth than a Cash ISA, it also comes
with a risk that the value of investments can go
down as well as up, so you may get back less than
what you pay in.
Stocks & Shares ISA - allows you to gain some exposure to financial markets and provides a
gateaway to a wide range of investments, however you must be willing to take on a degree of risk
- accepting that the value of your investments could go down as well as up.
4
How do I invest into the TFS ISA? Can I cancel the ISA if I change my mind?
You can invest regular monthly amounts and/ Yes, you can cancel at any time.
or lump sum investments into your Stocks and If you do so within 14 days of your ISA’s start date,
Shares ISA up to the limit for the particular tax you will receive a full refund of your payments
year. subject to a deduction of the amount (if any) by
which the value of your investment has fallen at
How much can I invest? the time when your Cancellation Form is received
The minimum monthly payment is £30 a month, by the TFS.
which can be increased at any time.
The minimum initial lump-sum payment into your Can I close or transfer the ISA
ISA is £500. Additional lump-sum payments of at Yes, you can close this ISA or transfer to another
least £30 can be made at any time. provider at any time. Please contact your new
provider if you would like to transfer.
Can I stop or change my payments?
You can change or suspend the amount of your Are there any penalties on closures,
payments at any time. withdrawals or cancellations?
No.
Can I make withdrawals?
Yes, you can make withdrawals from your ISA at What happens if I die?
any time. If you die, your ISA will terminate and all your
investments will be sold by TFS and 101% of the
Are there any charges? value of all the proceeds will be distributed in
We will charge you an annual fee of 1.5% of the accordance with your wishes as set out in your
value of your ISA, in order to cover the costs of Nomination Form.
managing your ISA.
Junior Stocks & Shares ISA - if your child is a UK resident and under 18 years of age, as a
parent or legal guardian, you can take out a Junior ISA for them. The differences between a
Junior ISA and an Adult ISA include a lower yearly allowance and funds from a Junior ISA are not
available until the child turns 18.
5
How we manage your money
Responsible Investment
The funds are designed to respond to environment, social and governance (ESG) risks such as
climate change. They aim to increase exposure to companies with a favourable ESG profile, while
decreasing investments in companies with a lower ESG score.
By doing so, the funds aim to influence positive change - ensuring companies are actively
combatting the issues of climate change, while managing risk and generating sustainable long-
term returns.
Unit-linked funds
Our funds are unit-linked, which means that with every contribution you make, you are allocated
units. The number of units would depend on the unit price applicable on the date of allocation.
The value of your account is the total number of units held by you multiplied by the unit price
applicable on the date of calculation.
Switching funds
You can switch between funds at no cost.
Based on future pricing
When you contribute to, withdraw from your account or switch between funds, the value is
calculated based on the next declared unit price. This is a practice that aims to protect the funds.
The unit price is calculated weekly, but this may vary.
Our funds
We offer two funds, both of which aim to provide a combination of growth and income. However, they
provide a different level of risk/return and approach to investment.
TFS Future World ESG Developed Markets Fund TFS Future World ESG Multi-Index Fund
Invests in: Invests in:
Shares in companies that demonstrate good Bonds, shares, money market instruments,
environmental, social and governance (ESG) deposits, cash and indirectly to alternative asset
efforts in developed countries. (Asset Class: classes and property. (Asset Class: Multi Asset)
Equity)
Approach:
Approach: Invests at least 50% in investments that
Tracking the performance of the ESG Index incorporate environmental, social and
- focuses investments in companies with a governance (ESG) criteria, while staying within
favourable ESG profile compared with others. its pre-determined risk profile.
Level of risk: Level of risk:
Higher risk / return Medium risk / smoother returns
Appeals to: Appeals to:
Individuals looking to invest responsibly, Individuals with a more cautious approach to
by tilting to responsible and sustainable investment, who are also looking to incorporate
companies. a responsible investment method.
Please remember that the value of your investments can go down as well as up, so you may get back
less than what you pay in.
6Important Information
The Financial Conduct Authority is a financial services regulator. It requires us, the Transport
Friendly Society (TFS), to give you this information to help you decide whether our World Friendly
Stocks and Shares ISA is right for you.
Funds Investment Does TFS give advice?
TFS Stocks and Shares ISA is a unit linked whole No advice will be given to you by the Transport
of life insurance policy whose funds are invested Friendly Society regarding this Plan. It is your
in a Legal & General Investment Management responsibility to ensure that the Plan meets your
unit trust. needs. If advice is required, you should consult an
Independent Financial Advisor who may charge
Choosing a fund for advice.
You may wish to invest solely in one fund or
spread your investment into both funds. You are Mutual Society
also free to switch between funds if you change When you take out a Plan with TFS you become a
your mind. member of the Transport Friendly Society and are
subject to its rules, a copy of which is available on
Annual Statements request.
We will send you an annual statement detailing
any payments in, withdrawals made and charges Compensation
deducted by the Society and the current value of If the Transport Friendly Society is unable to meet
your ISA as at the date of your annual statement. its liabilities, compensation may be payable by the
Financial Services Compensation Scheme.
Risk Warning Further information on the scheme is
While the aim of the funds is to give you a fair available from the Financial Services
return on your investment, it is important to Compensation Scheme on 020 7892 7300 or at
remember that the value of investments can go www.fscs.org.uk.
down as well as up, so you may get back less than
what you pay in. Complaints procedures
If you have a complaint, feel you have been
Tax Liability treated unfairly or are not satisfied with any
There is no liability for Income or Capital Gains aspect of the Society, its products or services
Tax during the life of the ISA, or on cashing it in. please contact us at the address on the back
Your ISA should not be taken into account when page of this brochure. If the complaint is not
completing your annual Tax Return. dealt with to your satisfaction you can refer your
complaint to:
The Financial Ombudsman Service
Exchange Tower
London E14 9SR
Telephone: 0800 023 4567
Complaining to the Ombudsman will not affect your
legal rights.
7Other products from TFS
Sickness and Tax-free
Hospitalisation Benefit Plan from £1.55p
per week
• Benefits are paid Tax-Free (under current legislation)
• The cost never goes up once a Plan is started
• Affordable – premiums from £1.55p per week
Tax-Free Savings plans
for Adults and Children of anyone Simple tax-free
savings plan
involved in transport
• Tax-Free Lump Sum
• Valuable Life Cover
• Affordable – Start saving from £2.30 per week
Health Cash Plan Easy way to
• Covers up to four of your children for free pay for your
• Three levels of cover, from just £2.19 per week everyday
healthcare
• Benefits include: Dental, Optical, Chiropody/Podiatry,
Therapy Treatments, Specialist Consultation, Hospital
In-patient, Hospital Day Surgery and Treatment, Birth/
Adoption of a child
If you are interested, please:
• Visit our website: www.tfs.uk.com
• Call the office: 020 7833 2616
• Speak to your garage ambassador
8Change of Address Form
Please complete and return this form if you have moved house or to correct the address we have on file.
Alternatively, you can email us with this information (info@tfs.uk.com) www.tfs.uk.com
NEW ADDRESS: NAME:
MEMBERSHIP No.
DATE OF BIRTH:
POSTCODE: SIGNED:
TELEPHONE No: DATE:
Please return to: Freepost RTCG-LCTR-YRKX Transport Friendly Society Limited, 3rd Floor,
Derbyshire House, St Chad’s Street, London, WC1H 8AG
Tel: 020 7833 2616 Transport Friendly Society Limited is Registered and Incorporated under the Friendly Societies Act 1992. Register
Fax: 020 7833 4426 No. 434F. Authorised by the Prudential Regulation Authority and Regulated by the Financial Conduct Authority and
Web: www.tfs.uk.com the Prudential Regulation Authority
Email: info@tfs.uk.com
Please detach and retain
Your TFS Product
Please keep in a safe place
Product:
Date Application Signed: Please note:
The contract will not
Member’s Name:
commence until this
Garage / Depot: application has been accepted
Company: and the first contribution paid.
Name of Introducer:Change of Employment Details
Please tick appropriate box and complete Comments box below:
Change of Employer / Garage Leaving Bus Industry
www.tfs.uk.com
COMMENTS: NAME:
MEMBERSHIP No.
DATE OF BIRTH:
SIGNED:
DATE:
Please return to: Freepost RTCG-LCTR-YRKX Transport Friendly Society Limited, 3rd Floor,
Derbyshire House, St Chad’s Street, London, WC1H 8AG
Tel: 020 7833 2616 Transport Friendly Society Limited is Registered and Incorporated under the Friendly Societies Act 1992. Register
Fax: 020 7833 4426 No. 434F. Authorised by the Prudential Regulation Authority and Regulated by the Financial Conduct Authority and
Web: www.tfs.uk.com the Prudential Regulation Authority
Email: info@tfs.uk.com
Head Office:
Please keep in a safe place Transport Friendly Society
3rd Floor, Derbyshire House
St Chad’s Street
London WC1H 8AG
Tel: 020 7833 2616
Email: info@tfs.uk.com
Web: www.tfs.uk.comHow to Apply for the TFS World Friendly Stocks and Shares ISA
• Complete and return the application form opposite
• Choose a payment method
- Direct Debit (please complete the attached Direct Debit instruction)
- Cheque
- Online Transfer
(Please do not send a cheque or make any online transfers at this point. We will provide details on
methods of payment after we process your application.)
• Then, simply detach the application and seal together by moistening the gummed strips along the
edges.
• Drop the sealed application in the post and it’s done – you don’t even need a stamp!
You can also apply online at www.tfs.uk.com.
complete the
application
attached to
this brochure
make sure
all sections
of the forms
are complete
detach the
application fold over and
section moisten the
gummed
edges to seal
all done! put
it in the post
- no stamp is
needed
11moisten here
TFS World Friendly ISA Application Form
Please complete as applicable in BLOCK CAPITALS
Applicant’s Details
Title Mr Mrs Miss Other Marital status
Full Name
First Name Middle Name
Surname
UK Address
Postcode Tel No.
Email
Date of birth DD / MM / YYYY Occupation
detatch along perforation - moisten here
NI Number
Member No. Promo Code
Payer’s Details (if applying for a Junior ISA)
Relationship to
Title Mr Mrs Miss Other
Applicant
Full Name
First Name Middle Name
Surname
UK Address
Postcode Tel No.
NI Number Member No.
Date of birth DD / MM / YYYY Email
Your Investment
Choose which fund(s) you wish to invest in:
TFS Future World ESG TFS Future World ESG Both funds
Developed Markets (Fund One) Multi-Index (Fund Two) (Please complete the below section)
Please enter either amount or percentage of total below (percentages must total to 100%)
Fund One Amount £ Fund Two Amount £
Percentage of total % Percentage of total %
moisten heremoisten here
Your ISA
Please select one TFS World Friendly ISA:
Adult Stocks and Shares ISA Junior Stocks and Shares ISA
Making Payments
Please select a payment method: Bank Transfer Cheque
Lump Sum Payment: Initial lump sum investment amount
(Minimum £500 initial payment) £
Please select a frequency: Monthly Yearly
Regular Direct Debit Collection Date: 1st 8th 15th 22nd
Direct Debit amount
(Minimum £30 monthly or £500 yearly) £
Declaration (if applying for a Junior ISA, to be completed by the payer)
A. I declare that:
• All subscriptions made, and to be made belong to me or are being made on behalf of the child applicant
• I am 18 years of age or over
• I have not subscribed and will not subscribe more than the overall subscription limit in total to a cash ISA, a
stocks and shares ISA, an innovative ISA and a lifetime ISA or a Junior ISA for the child applicant in the same
tax year
• I have not subscribed, and will not subscribe, to another stocks and shares ISA in the same tax year that I
subscribe to this stocks and shares ISA; and
• I am resident in the United Kingdom for tax purposes or if not so resident, either perform duties which by
virtue of Section 28 of Income Tax (Earnings & Pensions) Act 2003 (Crown Employees serving overseas), are
treated as being performed in the United Kingdom, or I am married to or in a registered civil partnership with
a person who performs such duties
• The information given in this declaration is true and correct to the best of my knowledge and belief and I
will inform Transport Friendly Society without delay any changes in my circumstances affecting any of the
information in this form
B. I authorise Transport Friendly Society:
• To hold my cash subscription, ISA investments, interest, dividends and any other rights or proceeds in
respect of those investments and any other cash
• To make on my behalf any claims to relief from tax in respect of ISA investments
General Data Protection Regulation
The Transport Friendly Society Limited (the Society) collects your personal information when you apply for a product with
us. The information disclosed by you in this application will be used by the Society to set up and manage the product you
have applied for. The Society will not share your data with any third parties for any purposes subject to its legal or statutory
obligations. If you would like more information on how the Society uses your personal information, please see our Privacy
Notice which can be found on our website.
The Society may wish to contact you in the future with marketing information relating to its other products and services
that may be of interest to you. However, the Society will only do this if you are happy to receive such information.
Once your marketing preferences have been updated they will remain in place until you let the Society know otherwise. You
can update the Society at any time, opting in or out of marketing, or change the ways in which you would prefer the Society
to contact you.
You can update your marketing preferences by contacting the Society by phone on 020 7833 2616 or via email on
info@tfs.uk.com.
If you wish to hear about such products please tick the boxes below. If you do not wish to be added to our marketing list,
simply leave the tick boxes below empty.
I am happy to be contacted and prefer to be contacted by: Email: Post:
Signature Date
Ambassador’s
Name
moisten heremoisten here
Instruction to your Bank
or Building Society by
Direct Debit
Please fill in the whole form including official use box using
a ball point pen and send it to:
Service User Number
Transport Friendly Society Limited
5 0 4 8 5 1
3rd Floor Derbyshire House
St Chad’s Street FOR TRANSPORT FRIENDLY SOCIETY
London LIMITED OFFICIAL USE ONLY
WC1H 8AG This is not part of the instruction to your
Bank or Building Society.
Name(s) of Account Holder(s)
Bank/Building Society account number
Branch Sort Code
Instruction to your Bank or Building Society
Please pay Transport Friendly Society Limited
Direct Debits from the account detailed in
Name and full postal address of your Bank or Building Society this Instruction subject to the safeguards
assured by the Direct Debit Guarantee. I
To the Manager: Bank/Building Society
understand that this Instruction may remain
Address with Transport Friendly Society Limited and, if
so, details will be passed electronically to my
Bank/Building Society.
Signature(s)
Postcode
Reference
Date
Banks and Building Societies may not accept Direct Debit Instructions for some types of account DDI1
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 Transport Friendly Society Limited
will notify you 10 working days in advance of your account being debited or as otherwise agreed. If you request
Transport 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 Transport Friendly Society Limited or your bank or
building society, you are entitled to a full and immediate refund of the amount from your bank or building society - If
you receive a refund you are not entitled to, you must pay it back when Transport 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.
moisten hereTFS World Friendly Stocks and Shares ISA - Summary Box
Account Name TFS World Friendly Stocks and Shares ISA
Adult Stocks and Shares ISA
Types of ISA
Junior Stocks and Shares ISA
Fund 1 – TFS Future World ESG Developed Markets
Funds Available to invest in
Fund 2 – TFS Future World ESG Multi – Index
Funds Invested in Legal & General Investment Management Unit Trust
Minimum Amount to invest £30 per month or a lump sum of £500
Tax Free 3
Can I stop/change payments 3
Can I withdraw 3
Can I transfer Existing ISA 3
Can I have more than one Stocks
and Shares ISA in each tax year 7
Do I incur any penalties 7APPLY
TODAY
World Friendly
Stocks and Shares ISA
investing for a better • Stocks and Shares ISA and Junior Stocks
and Shares ISA available
future and environment • Tax-efficient saving
• Invest in environmentally friendly funds
• Start investing from £30 a month or a lump
sum of £500 or more
• Easy access to your money with withdrawals
at any time
• Transfer your existing ISA to TFS or apply to
open a new ISA with TFSMake the most
of your ISA
allowance in a
Serving our Members since 1885 “green” way
Contacting the
Transport Friendly Society
Head Office:
Transport Friendly Society Limited
3rd Floor, Derbyshire House
St Chad’s Street
London WC1H 8AG
T: 020 7833 2616
F: 020 7833 4426
W: www.tfs.uk.com
E: info@tfs.uk.com
Authorised by the Prudential Regulation Authority and Regulated by the
Financial Conduct Authority and the Prudential Regulation Authority
TFS ISA 01.21You can also read
