Combination Investments

Enjoy the flexibility to combine a number of product options from Legal & General and the Yorkshire Building Society.

Short term savings

Earn an attractive 5.00% gross/tax-free pa/AER when you put your savings into either a YBS Fixed Rate Savings Bond or a YBS Fixed Rate Cash ISA. Alternatively, you could choose to split your money across both these options.

Long term investments

For your long term investment goals, choose from a Legal & General investment bond or a Legal & General stocks and shares ISA. Again, you can invest your long term savings into one of these options or split your money across both.

The Combination Investment products are ^†Limited Issue and are Fixed until 30 September 2012. To take out any of these investments you must use the Investment Planning Service, where you will receive investment advice from a Legal & General Adviser.

How it works
Example Investments
Legal & General Investments
YBS Savings
Investment Planning Service

How it works

We have chosen to work with Legal & General to ensure we can offer a wide range of financial advice, products and services.

Legal & General is one of the UK's leading financial services companies, with over 170 years experience and a reputation for providing excellent, value for money investment products.

Combination Investments

The YBS Fixed Rate Savings Bond and/or Fixed Rate Cash ISA are only available if you also invest in a Legal & General investment bond and/or a Legal & General stocks and shares ISA through the Investment Planning Service.

Amount of investment

The minimum investment amount in the YBS Fixed Rate Savings Bond or Fixed Rate Cash ISA is £1,000, subject to a total minimum investment of £5,000 with Legal & General.

Combined minimum investment limits vary depending on the combination of products you select but you need at least £6,000 to be able to invest and this must be a 70/30 split between Legal & General and YBS products. See some example investments.

A Legal & General adviser will be able to tell you the minimum initial investment needed for each product and the total you will need to invest for your specific product combination.

Example investments

Below are some examples of the combinations available. Your Legal & General adviser will be able to advise you which combination of products are most suitable to you.

	Amount to invest	L&G investment bond	L&G stocks & shares ISA	YBS Fixed Rate Savings Bond	YBS Fixed Rate Cash ISA
Example 1	£30,000	£21,000	-	£3,660	£5,340 Maximum 2011/12 ISA allowance
Example 2	£50,000 Including £15,000 in an existing cash ISA	£24,320	£10,680 Maximum 2011/12 ISA allowance	-	£15,000 Including transfers of existing cash ISAs
Example 3	£50,000 Including £10,000 in an existing cash ISA	£24,320	£10,680 Maximum 2011/12 ISA allowance	£5,000	£10,000 Including transfers of existing cash ISAs

NB. Examples of investment amount for illustrative purposes only.

How to apply

Book online to see a Legal & General Financial Adviser
Visit your nearest branch
Call us on 0845 1200 100

Legal & General Investments

Legal & General offers a choice of investment products that are designed for medium to long-term investment. Although there is no fixed term, you should be prepared to hold the investment for at least five years, ideally longer.

Growth and income options
At least 70% of total investment must be in a Legal & General investment bond and/or stocks and shares ISA
Minimum investment of £5,000 with Legal & General
Medium to long term investment
Charges may apply on closure or when you cash in all or part of your investment.
Early closure of a Stocks & Shares ISA would
mean loss of tax free status unless transferred to another ISA provider.
Unlike a deposit account, the value of an investment bond may fall as well as rise. The capital value and level of income are not guaranteed and you may get back less than you originally invested.

How to apply

Book online to see a Legal & General Financial Adviser
Visit your nearest branch
Call us on 0845 1200 100

Yorkshire Building Society introduces its customers to Legal & General for the purposes of advising on and arranging life assurance and investment products bearing Legal & General's name.

YBS Savings Products

Choose from a YBS Fixed Rate Bond and/or a YBS Fixed Rate Cash ISA.

Interest rate fixed until 30 September 2012
Annual & monthly interest options
Minimum investment of £1,000; maximum £500,000
1 part withdrawal allowed during term, including closure, without notice or charge
No additional deposits allowed.

Interest rates

Fixed Rate Savings Bond	Annual Interest Rates			Monthly Interest Rates
Fixed Rate Savings Bond	Gross Gross rate p.a. Interest rate payable before any income tax is deducted. It can only be paid subject to the required registration.	Net Net rate p.a. Interest rate payable after the deduction of income tax, at the lower rate of 20%.	AER AER stands for Annual Equivalent Rate and shows what the interest rate would be if interest was paid and added each year. This will enable you to compare more easily the return you can expect from your savings over time.	Gross Gross rate p.a. Interest rate payable before any income tax is deducted. It can only be paid subject to the required registration.	Net Net rate p.a. Interest rate payable after the deduction of income tax, at the lower rate of 20%.	AER AER stands for Annual Equivalent Rate and shows what the interest rate would be if interest was paid and added each year. This will enable you to compare more easily the return you can expect from your savings over time.
£1,000 and above	5.00%	4.00%	5.00%	4.89%	3.91%	5.00%
Fixed Rate Cash ISA	Annual Interest Rates			Monthly Interest Rates
Fixed Rate Cash ISA	Tax-free Tax-free means that interest is not subject to income tax		AER AER stands for Annual Equivalent Rate and shows what the interest rate would be if interest was paid and added each year. This will enable you to compare more easily the return you can expect from your savings over time.	Tax-free Tax-free means that interest is not subject to income tax		AER AER stands for Annual Equivalent Rate and shows what the interest rate would be if interest was paid and added each year. This will enable you to compare more easily the return you can expect from your savings over time.
£1,000 and above	5.00%		5.00%	4.89%		5.00%
Interest rates are fixed, paid annually or monthly. N.B. These products are only available when purchased alongside a Legal & General investment bond and/or a Legal & General stocks and shares ISA following advice from a Legal & General Adviser. The minimum investment amount for the Fixed Rate Savings Bond and/or Fixed Rate Cash ISA is £1,000 and for the Legal & General products is £5,000, making the total combined minimum investment £6,000. Unlike a deposit account, capital in the Legal & General investment bond is not guaranteed, its value and the level of income may fall as well as rise. AER assumes investment on 29 July 2011. Gross rate p.a. Interest rate payable before any income tax is deducted. It can only be paid subject to the required registration. Net rate p.a. Interest rate payable after the deduction of income tax, at the lower rate of 20%. AER stands for Annual Equivalent Rate and shows what the interest rate would be if interest was paid and added each year. This will enable you to compare more easily the return you can expect from your savings over time.

Summary box Key Product Information for our Savings Accounts
Account Name	Yorkshire Building Society Fixed Rate Savings Bond	Yorkshire Building Society Fixed Rate Cash ISA
Account Name	Both savings products must be opened in conjunction with a Legal & General investment bond and/or stocks and shares ISA
Interest rates (AERs)	Fixed rate until 30 September 2012 paid annually or monthly	Fixed rate until 30 September 2012 paid annually or monthly
Tax Status	Gross Gross rate p.a. Interest rate payable before any income tax is deducted. It can only be paid subject to the required registration. or Net Net rate p.a. Interest rate payable after the deduction of income tax, at the lower rate of 20%.	Tax-free Tax-free means that interest is not subject to income tax
Conditions for bonus payment	N/A	N/A
Withdrawal arrangements	One part withdrawal or closure during the term. Further withdrawals or closure not allowed, subject to daily withdrawal limits
Access	Branch

Whether you can benefit from gross, net or tax free interest is dependent on your own personal circumstances and tax status and so may be subject to change in the future.

How to apply

Book online to see a Legal & General Financial Adviser
Visit your nearest branch
Call us on 0845 1200 100

A balanced approach to investing

What do you want from your investments? Chances are that there is no simple, straightforward answer. In truth, no single investment is likely to satisfy all your needs. That's why we're here - to help you choose the ones that are best for you.

What the Investment Planning Service offers
- A wider range of investment opportunities brought to you from Yorkshire Building Society and Legal & General working together.
- More choices to satisfy your individual needs.
- The combination of short-term savings and the potential for long-term growth.
Why Legal & General?

To add to our own expertise and product range, we have chosen to work with Legal & General. The Legal & General Group, established in 1836, is one of the UK's leading financial services companies. Over 6.5 million people rely on them for life assurance, pensions, investments and general insurance plans. The Legal & General Group is responsible for investing £280 billion worldwide (as at 31 December 2008) on behalf of investors, policyholders and shareholders.
Personal service

You can talk to a Legal & General Adviser either at your local branch or by phone at your convenience. Alternatively, they can visit you at home. The Adviser will take the time to find out about your current savings and investments and what you want your money to achieve in the future. This will help to identify suitable products for your needs.
A wide range of investments
Through the Investment Planning Service you have access to a wide range of investments including:
- Legal & General's investment bonds that allow diversified investments into shares, fixed interest securities, UK commercial property and cash
- A range of Legal & General ISAs (Individual Savings Accounts) that complement our ISAs and allow you to invest tax-efficiently in stocks and shares as well as cash.
- Unit Trusts that provide access to the growth and income potential of stocks and shares.
You will have the option of combining investments designed for money you can leave untouched for five years or more, with shorter term investments.

How to apply

Book online to see a Legal & General Financial Adviser
Visit your nearest branch
Call us on 0845 1200 100

† YBS Fixed Rate Savings Bonds and YBS Fixed Rate Cash ISAs are limited issue products and can be withdrawn at any time. If you wish to make deposits we recommend that you arrange this immediately to avoid disappointment. Any payments received after the products have been withdrawn will be returned to you.