Bank of Scotland has launched a structured product designed to give customers a high rate of return while guaranteeing their original deposit.
Portfolio Plus Issue Two is a five year sterling proposition linked to the FTSE 100 Index offering a potential annual return of 8% p.a. for the five year term. Each year, any return is automatically paid into a Bank of Scotland International Matured Funds Account, allowing customers to access the funds. Portfolio Plus has a minimum deposit level of £20,000. The closing date for applications is 23 June and the start date is 26 June. The policy ends 26 June 2014. Early depositors with applications received by 23 June 2009 will receive interest set at 3% AER/gross p.a. The early deposi...
To continue reading this article...
Join Professional Adviser for free
- 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