Barclays is targeting IFAs with a revamped protected investment range designed to drive returns in steady or volatile markets.
The revised core solutions range, to launch on September 1, offers investors a variety of options depending on their view of market movements, Barclays says. Products include a three or five year protected FTSE plan, which Barclays says is suited for investors who don’t believe the past significant market returns can be repeated. The plan offers 200% of the FTSE 100’s growth, with three-year returns capped at 28% and five-year at 60%. Capital is 100% protected if the plan is kept for the entire term. The return is tax-free inside an ISA/PEP for the five-year plan or liable for CGT, rathe...
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