Investec Structured Products is launching a capital-protected plan to reflect investor uncertainty over the extent of the UK's economic recovery.
Investors in the FTSE 100 5 Year Deposit Plus Plan 1 receive a 30% return if the FTSE 100 is higher after five years or 100% of any growth in the FTSE 100 if it rises more than 30% in that timeframe. The timing of the investment allows clients to use their ISA allowance for the two consecutive tax years - 2013-2014 and 2014-2015 - if they have not already used all of their ISA allowance for the tax year. Investec Structured Products head of intermediary sales Gary Dale said: "We launched this plan with the aim of giving an alternative way to access upside from the FTSE 100 if it grows...
To continue reading this article...
Join Professional Adviser
- Unlimited access to real-time news, industry insights and market intelligence.
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters.
- Make smart business decisions with the latest developments in regulation, investing retirement and protection.
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes.