Gilliat Financial Solutions has introduced a new kick-out product in its latest suite of plans.
The Gilliat UK Annual Kick Out is a five year and two week structured product which aims to pay a growth payment of 10.5% if the FTSE 100 is equal to or greater than its start level on any annual observation date. If this happens, then the plan redeems early and capital is returned to investors. The product offers 50% soft protection with American barriers while, Royal Bank of Scotland serves as the counterparty. Gilliat managing director Adrian Neave says: "Kick out plans continue to attract high levels of interest from investors who continue to be only mildly positive. "Recent...
To continue reading this article...
Join Professional Adviser for free
Signup and gain exclusive members-only insights
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes
