Structured product providers launch FTSE plans

Gilliat is marketing its Kick-out Growth series, which will redeem and make an annual payment if the index is equal to or greater than its initial level. The five-year product pays a potential return of 9% in year one, with potential for increased payouts in the subsequent years. Capital is at risk on a one-for-one basis if on any day the FTSE 100 closes below 50% of its starting level. The plan is open for investment until 24 December set at a minimum of £3,000 with Rabobank serving as counterparty. Meanwhile, Jubilee is offering the fifth issue of its FTSE 100 Early Redemption...