CMI Personal Retirement Account

The Personal Retirement Account is an offshore regular premium or single premium investment plan with some life cover. If you would like to increase your investment or switch funds, you can select from a range of CMI Insurance Company Limited unit-linked investment funds. Please see the list of available funds below for more information.

The Personal Retirement Account is intended to be a medium to long-term investment, ideally for five years or more. The value of these investments may go down as well as up and you may not get back the amount invested.

Although the bond is no longer open to new investors, we continue to manage this product for our other customers. Additional investments can be made to existing portfolios at any time subject to a minimum of £2,500 or currency equivalent for single investments, £500 or currency equivalent for annual regular premiums and £50 or currency equivalent for monthly regular premiums. Please contact us for further details.

Your Personal Retirement Account policy number will range from N600001A to N699999Z.

If you’re looking to take out a new investment, you may wish to read about our CMI Global Investor.

Switching

You can switch between the available funds up to 12 times per calendar year free of charge. Any additional switches are currently charged at 1% of the value of the units being switched, subject to a minimum charge of £10 and a maximum charge of £250.

Surrendering

You can take partial or full surrenders any time, although we recommend you discuss the tax implications with your financial adviser.

If you would like to make a partial or full surrender, please select the relevant form from the servicing forms below.

List of available funds	Servicing forms