Morgan Stanley launches plans

The Defensive Digital Growth Plan 3 offers a growth return of 58% at maturity as long as the FTSE 100 has not fallen by more than 20% over the investment term. If the FTSE has fallen between 20% and 50% over the term, then capital will be returned in full although no growth return will be paid. If the index has fallen by 50% or more at maturity, then capital will be reduced on a 1:1 basis. Meanwhile, the FTSE Kick Out Growth Plan 10 for bullish investors offers two potential routes to returns; if the FTSE 100 has increased by 10% or more after three years, the plan will pay a 50% early e...