Abbey launches 50% growth plan

Should the index close at or below its initial level, capital will be returned with a 6% gain at the end of the six-year term. Reza Attar-Zadeh, head of savings and investments at Abbey, says: “The 50% Growth Plan offers customers a capital secure way of investing in the stockmarket and generating a high probability of a return well in excess of current savings rates. “Historic analysis of the FTSE 100 has revealed that on 76% of occasions the 50% return has been achieved.” Minimum investment in the plan is £1500 and it closes to investment on 16 October. If you would like to comment o...