Barclays Wealth has split its Defined Returns Plan into two distinct investments and introduced a four-year capital protected option.
The Defined Returns Plan, which previously offered three investment choices in one package (two with full capital protection plus an annual kick-out option with more limited protection) has been divided into two separate products to reflect their risk profiles. DRP Capital Protection will launch on 3 June with three options delivering a fixed return of either: 20% - three-year option (up from 18.75%) 30% – four-year option (new) 40% – five-year option (unchanged) All three products offer full capital protection and will deliver their return provided the FTSE 100 at maturity is e...
To continue reading this article...
Join Professional Adviser for free
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes