Barclays Wealth unveils FTSE lock-in plan

The six year UK Accumulator offers 100% of the rise in the index up to a maximum return of 60%, with gains locked-in for every 15% rise in the FTSE during the term. In addition, the investment becomes 100% capital protected as soon as the first lock-in level of 115% level is reached. However, capital is at risk if the first lock-in level of 115% is never reached and the index falls by more than 50% from its starting level and remains below this level at maturity. Barclays Wealth manager Lisa Chaudhuri says the plan allows investors to receive attractive returns while reducing the down...