Abbey issues latest FTSE linked structured product

Guaranteed Capital Plus (Issue 4) is available for three-and-a half or five-and-a-half years. The former provides returns of 20pc if the FTSE 100 has increased over the term or a guaranteed minimum return of 2pc over the period if the index has decreased or remained static, whilst the latter offers a 40pc return if the FTSE 100 has increased over the term or a guaranteed minimum return of 2pc if the index has fallen or remained inert. Reza Attar-Zadeh, director of savings and investments at Abbey, commented: "Given the volatility of the stock market, many investors are deciding to take a ...