Scarborough Channel Islands Limited (SCIL) is celebrating its launch with a new offshore investment account.
Scarborough Building Society’s new offshore subsidiary, SCIL will launch its new Guaranteed Equity Account on 30 April. Blending the enhanced growth opportunities offered by the stock market with the security of a guaranteed 100% return on capital, features of the new account include five-year term, 100% capital guarantee, 125% of any growth in the FTSE 100 index (calculated over the five-year term), extra interest for early investors and an early investment bonus. Guaranteed Equity Accounts can be opened with a deposit of £5,000-plus, up to a maximum investment of £1m.
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
