Morgan Stanley has unveiled the Gilt-Backed Growth Plan 8, designed for investors with a moderately positive outlook on UK equities but with no firm view on timing.
On each anniversary of the plan start date, the level of the FTSE 100 index is measured and if the index is equal to or above the start level, the kick out feature is triggered and investors “lock in”...
Two global vehicles
'Further plug advice gap'
Must appoint separate CEOs and boards
Advisers do come out well
Will report to Mark Till