The structured product arm of Investec has teamed up with Lowes Financial Management - which recently won a challenge against the IA centred on the sector - to launch an eight-year product.
The ‘8:8 Plan' is a structured product with an eight-year maximum term investment, aiming to offer a potential 3.75% return for every six months held (7.5% per annum) from the second anniversary. This...
Acquisition completed earlier this month.
Changes to take place by next year
Launched 18 November
Investment Association to create new labels