Gilliat Financial launches kick out plan duo

The structured products specialist, part of the Arbuthnot Banking Group, has launched the Gilliat Deposit Kick Out (August 2011) and the Gilliat Protected Kick Out (August 2011). Both products share identical features but offer investors a choice of investing either in a deposit structure, which would attract income tax, or a capital protected structured, which would attract capital gains tax. The products feature a descending reference level so the level required for a kick out to occur reduces each year, from 100% of the start values in year one to 80% in year five. At the same t...