Barclays Wealth rolls out Target Growth Plan

Unlike previous tranches, this plan will only observe the capital-at-risk barrier at maturity, rather than throughout the life of the plan. However, should the index closes below 50% of its starting level at maturity, both capital and the return will be reduced commensurate with index falls. "The first issue of our Target Growth Plan had the same large safety margin but to further mitigate the risk the new issue will only observe the capital at risk barrier at maturity," Barclays Wealth director Colin Dickie says. "This means index performance only becomes relevant on the final day of...