View more on these topics

Barclays Wealth – Defined Returns Plan Annual Kick Out April 2011 Edition

Barclays Wealth – Defined Returns Plan Annual Kick Out April 2011 Edition

Type: Capital-protected bond

Aim: Growth linked to the performance of the FTSE 100 index

Minimum-maximum investment: £5,340-£500,000, Isa £10,680

Term: Six years

Minimum-maximum investment: £5,100-£500,000

Term: Six years

Return: 14% at the end of year two, 21% at the end of year three, 28% at the end of year four, 35% at the end of year five or 42% at the end of year six

Protection: Original capital returned in full at the end of the term provided the index does not fall by more than 50% by the final day of the term

Closing date: June 3, 2011, May 20, 2011 for Isa transfers

Commission: Initial 3%



Brokers banned and fined £450k

The FSA has banned four mortgage brokers and imposed fines totalling £450,000 for mortgage fraud. Gemmini Mortgages founder and sole director Joseph Chinedu Nwosu was fined £200,000 and banned from working in financial services for attempting 14 cases of mortgage fraud over 26 months. Jageet Kaur, a mortgage adviser at Gemmini, was banned from working […]

Commodity fund for Schroders

Schroders is launching a commodity investment trust, to be run by its specialist absolute return multi-managers firm Schroders NewFinance Capital. The Guernsey-domiciled Opus commodity fund will seek to outperform the Dow Jones-UBS commodity total return index by 6-9 per cent per year net of fees over a market cycle. It will be managed by David […]


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