Scottish Mutual has launched a six-year 100% capital Guaranteed Pension Investment (GPI) with perfor...
Scottish Mutual has launched a six-year 100% capital Guaranteed Pension Investment (GPI) with performance linked to a fund of hedge funds managed by a Swiss investment boutique.
The life office, which is just the latest life company to tie with a fund of hedge funds boutique, is aiming the product at the Sass and Sipp market. Returns are linked to the performance of the Bucephale Balanced Fund.
Investors have the choice of either 80% or 70% participation rates depending on whether intermediary commission is taken.
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