Pinnacle and Scottish Life role out more bond products

Pinnacle Insurance and Scottish Life International are to roll out guaranteed onshore and offshore bonds respectively, writes Jane Wallace. The Pinnacle Premier Bond 4 will be linked to the FTSE 100 and yield 8% per year over four years. There is a growth option of 35% on maturity and a monthly income option of 0.64%. The bond will be launched at the end of April. Commission for IFAs is 2%. This is just below the standard rate for this kind of product, but, as with previous products, Pinnacle has chosen to slim down commission in order to give a higher returns to consumers. The income an...