Barclays unveils FTSE Returns plan

The six-year FTSE Returns plan offers a return of 1.5 times the first 28% rise in the FTSE 100, up to a maximum of 42%. It also has a lock-in feature which will automatically secure 14% if the FTSE is 14% or more above its starting level after two years; and 28% if the index is 28% or more above its starting level after four years. In addition, the plan offsets the risk of market timing by including averaging over the first three months and the last three months of the term to determine the starting level and final level respectively. Investors' capital is fully returned at maturit...