LEGAL & General has launched Growth Investment Plan Plus 9, which is designed to provide investors with 130pc of any growth in the FTSE 100 index over a six year term to 22 August 2013 plus capital protection.
The offer period for the plan will be 25 June until 17 August. The product also includes an early payment feature, which will be activated if the FTSE 100 has grown by 15pc or more on its third anniversary in 2010. Minimum investment in the plan is set at £500, with maximum investment for maxi ISAs at £7,000 and £4,000 for mini stocks and shares ISAs. Jamie Vale, investment development director at Legal & General, said: “The response to this higher level of return on the Growth Investment Plan series from advisers and clients since we introduced it in April has been extremely positiv...
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
