Chartwell Direct is offering a Guaranteed Income Bond (GIB) that provides 5% per annum net over...
Chartwell Direct is offering a Guaranteed Income Bond (GIB) that provides 5% per annum net over 3 years with income and return of capital both guaranteed. Over 3 years, Chartwell is offering: 4.6% net annual income on £10,000 (a gross equivalent of 5.75%) 4.85% net annual income on £20,000 (a gross equivalent of 6.06%) 5% net annual income on £50,000 (a gross equivalent of 6.25%) The group said: "As Guaranteed Income Bond (GIB) rates edge higher, we believe we are the first broker to offer a return of 5% p.a. net (of basic rate tax) over a 3 year period." ...
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