Rollover Pep Plus product from HSBC

HSBC Asset Management is launching a protected Isa product offering 100% capital protection and 75% of the growth in the FTSE 100 over five years, writes Robert Stock. This is a rollover vehicle for the group's first Pep Plus product launched in 1996 and maturing on 26 June this year. It will also be called Pep Plus. The offer period on the product runs from 26 June to 26 July. HSBC is only accepting rollovers, not Pep transfers or Isa money, and it hopes to capture at least 60% of the £103m assets held by the 11,000 investors in the first of the three tranches of the original Pep Plus ...