Plan Bee allows you to make monthly affordable investments (from £50 - £500) into the largest 100 companies on the UK stock market via the iShare FTSE 100 Exchange Traded Fund to help you build up a sizable investment over a period of time.

Investing on a set date each month takes away the headaches and stress of deciding when you think the best time is to invest. Share prices can change from second to second, both up and down, depending on how many people are buying and selling the shares, and at what price the last shares were dealt.

The amount of shares purchased each month will vary, ie. when the share price is high, fewer shares can be purchased but when the share price is lower, more shares are purchased. This is referred to as 'pound cost averaging' and has the effect of smoothing out the fluctuations in the share price and so the average price you pay for the shares will always be less than the price of the shares at its highest point.

Stock market investment is risky. As with so much in life, there is no such thing as a 'sure thing'! Share prices go up and down, not just as a result of a company's success but also in response to many other economic factors and the general sentiment of other shareholders. Because it's a risky business, the potential rewards are much greater than some other forms of investment such as bank and building society accounts, but remember there is no guarantee that this will be true in the future and you should not tie-up money in the stock market that you may need at short-notice to satisfy other requirements.

Commission is charged at 1 per cent (minimum £1.50) payable each calendar month at the time of dealing.