Abbey launches capital protected plan linked to the FTSE 100

The capital protected five-year and nine day plan is subject to market averaging over the final six months. It has two early bonus triggers on the third and fourth years. If the market has risen by 15pc or 20pc respectively on each anniversary it will pay either 25pc or 30pc plus return the capital. Gary Dale, head of intermediary business development for Abbey Financial Markets, said: “As this plan is designed to provide full capital return at maturity, this gives intermediaries an attractive capital gains tax solution to consider for clients who don’t want to take the risk of direc...