FVC lauds accelerator plans impact

The structured product reviewer said the plan was typical of accelerator type products, and would be suitable for IFAs’ clients who wanted to exploit moderate market gains without being exposed to too much risk. The Accelerated Growth Plan, which runs for six years, is linked to the FTSE 100 and pays ten times the growth of the index at maturity, up to a maximum return of 80pc. Capital is not protected at maturity, but the product does offer a soft protection barrier of 50pc, although if this level is breached and the closing index level is below the initial level, capital is lost on ...