Bristol & West has tweaked its 6 year Guaranteed Equity Bond (GEB) by increasing the participat...
Bristol & West has tweaked its 6 year Guaranteed Equity Bond (GEB) by increasing the participation level to 80%. The group says the change was made to attract more IFA business.
The GEB range includes the Income and Growth GEB variant that has had the income element maintained at 6%.
The new range features three products:
A 5 year Guaranteed Equity Bond
A 6 year Guaranteed Equity Bond (gives access to a 6% 12 month fixed rate bond)
An Income and Growth Bond (IFA exclusive) offering 6% income monthly on up to half of the investment
The 5 and 6 year Guaranteed Equity Bonds are available as Cash ISAs.
All products have a 100% capital guarantee and marketing support is available to IFAs in the form of direct marketing campaigns.
Andy Jones, Distribution Development Manager, said: "GEBs offer an ideal solution for savers wanting greater growth potential than a deposit account but who are not prepared to accept capital risk. Since launching exclusive IFA products last year we have not only seen a steady growth in the demand for this type of product but also an increase in the number of IFAs reviewing client's entire cash ISA holdings."
Bristol & West pays commission of between 2% and 3% depending on the product bought.
For further details call 0845 111 0118 or visit www.bristol-west.co.uk/ifa-isa
What made financial headlines over the weekend?
To promote 'long-term investment'
Switching 'hard and expensive'
Smaller funds still packing a punch