Investors Trust
Evolution
Savings Plan

The Evolution Savings Plan was launched in 2002, it’s a regular premium life assurance, also known as a contractual savings plan.

Investors Trust says that the Evolution savings plan allows you to monitor your portfolio online. It also offers access to a wide range of top asset managers along with loyalty bonuses and extra allocations.

Investors Trust claims that the more money you commit to investing in your financial plan, the more you can save.

When annual contributions to your plan exceed specified amounts, you can earn extra allocations throughout the term of the plan. 

The key features of Investors Trust Evolution savings plan are as follows:

• Evolution is a regular contribution plan.
• It has a range of investment terms for you to choose from. These include: 5, 10, 15, 20, and 25 years.
• The currency options available to you in the Evolution savings plan are USD ($), EUR (€) and GBP (£).
• There are three options within the Evolution for you to choose from (we will have a look at it in detail below).
• The minimum contribution amount for the Evolution plan would depend on the type of the plan chosen. It can be as low as USD/EUR/GBP 1,200 per annum or USD/EUR/GBP 12,000 per annum.
• Fund transfers are free under this savings plan.

The Evolution savings plan has three different types of offerings under it:

1. Evolution
2. Evolution Plus
3. Evolution Select

Let's have a look at what each of these entail.

1. Evolution:

The charges of the Evolutions version are as follows:

The bid/offer spread is NIL and there is no fund transfer fee for this type of the Evolution savings plan.

2. Evolution Plus:

The charging structure of the Evolution Plus is as follows:

The bid/offer spread is also NIL for the Evolution Plus savings plan and there is no fund transfer fee.

3. Evolution Select:

The charges of the Evolution Select plan are as follows:

NOTE:

• Monthly payments are only available with credit cards and direct debit.
• Fund transfers are free up to 15 switches per year.
• There will be no loyalty bonus for full contribution payment terms less than 10 years. All contribution payments due must have been received within the grace period, with no contribution decreases or partial withdrawals, for the loyalty bonus to take effect.
• The surrender charge is waived at the end of plan year 15 if all contributions have been paid within the grace period, with no contribution decreases or partial withdrawals, for the first 15 plan years, regardless of the actual term of the full contribution payment term.
• The issue age limit may vary depending on the jurisdiction.
• We would highly recommend reading the 'expert verdict' section of this review to learn why our experts gave the Evolution savings plan only 3 out of 5 stars in this independent review.