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Teachers Building society savings plan...

convict90210
convict90210 Posts: 61 Forumite
in Savings & investments
Hi, recently saw an advert with regards to the TB society ten year savings plan. Was thinking of putting away £35 per month over a ten year period. Anyone got any advice/experience of this particular savings product? Is it any good in terms of past performance?
Many thanks, ;)

Comments

  • Chadsman
    Chadsman Posts: 1,113 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    If this is what I think it is it is a policy run by Teachers Friendly Society (not Teachers Building Society) but it is marketed by TBS. Like all such Friendly Society 10 year savings plans the charges quickly eat up any growth making them very poor value.
    Not advice.
    DYOR
    :beer:
    God save the King!
    I'll save Winston Churchill, Jane Austen, J. M. W. Turner and Alan Turing.
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