Close to push protected funds to IFAs as income solution

Roland Kitson, sales and marketing director at the company, says the products offer the necessary security for consumers in a bear market as they are able to “cut through” market volatility. He says the idea of investing - or switching - money into protected trusts will, in the midst of a credit crunch, prove “extremely appealing” to advisers and investors. Protected unit trusts are designed to provide returns linked to stockmarket growth with capital protection - usually 95% or 100% - in the event of a fall. Charges can vary, often between 3% and 5.5% initial and between 1% and 1.25% ann...