Catalyst launches ARM Assured Income Plan

Listed in Dublin, the plan offers annual income of 7.5pc over a five year period, which rises to 8.25pc over seven years and 10pc over 10 years. Income can also be paid quarterly at 1.87pc over five years, 2.06pc on seven years and 2.5pc over 10 years. The plan is backed with cash or cash equivalent assets and income flows from American life insurance policies, which Catalyst stressed has no stockmarket risk or correlation to market benchmarks. It is available for ISA and PEP transfers and has no investor entry charges. Baronworth Investment Services was one of the first intermediaries ...