Premier rolls out latest UK growth plan

The plan follows previous Premier plans, PLE37 and PLE38, and offers investors a predetermined 14pc annual growth rate and 50pc market downside protection. Simon Weldon, managing director, sales and marketing, said: "In difficult times, autocall structures based on the well known FTSE 100 index with downside protection can be a useful portfolio diversifier for investors, or indeed a toe in the market." The plan is available for investment from June 16 to July 27 (deadline for ISA transfers is July 18). Although it should be considered a six year investment, it may mature early if th...