Britannia combines growth and income with guaranteed bond

Britannia International has launched a guaranteed bond that combines an immediate access income account with a growth account linked to two stock markets. The Guaranteed Income and Growth Bond allows up to 50% of the deposit to be placed in an income account with a rate guaranteed to be at 0.75% above the prevailing Bank of England Base Rate. Interest can be paid monthly to provide a regular income or if this is not required can be capitalised to the account on a monthly basis. Access is also available with up to five no-notice penalty-free withdrawals per annum. The other 50% is placed...