View more on these topics

Barclays Wealth – UK Accumulator February 2010 Issue

Barclays Wealth – UK Accumulator February 2010 Issue

Type: Capital-protected bond

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

Minimum-maximum investment: £3,600-no maximum, Isa £7,200, £10,200 for the over 50s and for all investors from April 6, 2010

Term: Six years

Return: The greater of 100% of the growth in the index capped at 60% of the original capital or a minimum locked in return of 15%, 30%, 45% or 60% if index grows by 15%, 30%, 45% or 60% respectively during the term

Guarantee: Original capital returned in full at maturity along with minimum return if lock-in feature is activated during the term, otherwise original capital returned in full provided the index does not fall by more than 50% during the term

Closing date: April 8, 2010, March 26, 2010 for Isa transfers

Commission: Initial 3%

Tel: 0800 234 6021

Recommended

1

Rise in FOS limit could hit PI cover

The FSA will consult on increasing the Financial Ombudsman Service’s award limit of £100,000, prompting fears that professional indemnity insurance premiums could rise. The FOS can currently award a maximum of £100,000 in compensation to individual consumers. According to the regulator’s discussion paper on consumer complaints, published last week, the FSA intends to issue a […]

LV= walks tightrope between annuity and USP

LV=s protected retirement plan is established under unsecured personal pension rules, but income is not affected by stockmarket fluctuations because it is not investment linked. Neither does the plan tie policyholders to a set income for life as a lifetime annuity would.

Newsletter

News and expert analysis straight to your inbox

Sign up

Comments

    Leave a comment