View more on these topics

Arc expands product range

Arc Capital & Income has launched a new ‘bricks and mortar’ plan based upon the Halifax House Price Index.

The capital protected bricks and mortar plan four offers 1 per cent for each 1% the final level is above 77.5 per cent of the initial strike of the index.

Minimum investment is £10,000 up to a maximum £2m.

The firm has also launched the emerging markets plan – Russia, a 5 year defensive auto-callable product offering a growth payment of 20 per cent for each year until maturity.

The AA- backed plan is based upon the RDX USD Index which comprises 14 Russian companies trading on the London Stock Exchange.

It offers an annual growth payment of 20 per cent, to a maximum of 100 per cent if triggered in year five.

Early maturity is triggered if the index is 90 per cent or more of its initial level and capital is at risk if the index finishes more than 50 per cent below its starting level.

Commenting on the launch of Russia plan managing director Christopher Powell says: “We have launched this plan in response requests from a number of IFAs for a product that would offer their clients an exposure to markets other than the UK and FTSE. A defensive kick-out seemed the ideal solution, particularly given the attractive 20 per cent per annum growth payment available.


Broker Talkback

Will the cuts to higher-rate tax relief on pension contributions for those earning more than £150,000 have a damaging effect on pension saving?

No 50%
Yes 50%

Co-op billed for blunders

An adviser is threatening to take Co-operative Insurance to the small claims court after it refused to pay him compensation for work spent remedying its errors and processing delays on a client’s annuity transfer.

Japan revises growth forecast

The Bank of Japan has issued a downbeat report on the country’s economy and reduced forecasts for growth. In January, policy board members forecast a contraction of 2% in the economy but this has since been revised to 3.2%. The report says: “Economic conditions in Japan have deteriorated significantly… In the corporate sector, exports have […]


News and expert analysis straight to your inbox

Sign up


    Leave a comment


    Why register with Money Marketing ?

    Providing trusted insight for professional advisers.  Since 1985 Money Marketing has helped promote and analyse the financial adviser community in the UK and continues to be the trusted industry brand for independent insight and advice.

    News & analysis delivered directly to your inbox
    Register today to receive our range of news alerts including daily and weekly briefings

    Money Marketing Events
    Be the first to hear about our industry leading conferences, awards, roundtables and more.

    Research and insight
    Take part in and see the results of Money Marketing's flagship investigations into industry trends.

    Have your say
    Only registered users can post comments. As the voice of the adviser community, our content generates robust debate. Sign up today and make your voice heard.

    Register now

    Having problems?

    Contact us on +44 (0)20 7292 3712

    Lines are open Monday to Friday 9:00am -5.00pm