View more on these topics

FTSE-linked plan will lock in growth

Premier Fund Managers is offering a second UK income and growth plan featuring 7.5 per cent annual income or 32 per cent growth over four years.

It also has the option of 0.6 per cent monthly income. The fund is available for Isa investments as well as Isa and Pep transfers.

The capital return is linked to the performance of the FTSE 100 index over four years.

Investors will receive the full return of their capital if the index does not fall by more than 25 per cent. Even if the FTSE does fall by this amount, capital will be returned in full if the index recovers by the end of the term.

There is also the potential for growth to be locked in, regardless of subsequent market falls. If the FTSE climbs 40 per cent above its starting value during the term, the return is locked in until maturity.

Early investors will receive 5 per cent interest on their investments until the start of the investment period. The offer period closes on July 12.

Managing director Jonathon Fry says: “Many investors are now desperately keen to boost their income, yet stockmarket uncertainties are holding many back from investing. This product not only appeals to pensioners seeking income and higher-rate taxpayers seeking tax-efficient gains but also those who want a decent return without bearing all the risks of investing in the stockmarket.”

Recommended

AITC celebrates golden years

The 45 investment trusts that have been in existence from the time of the Queen&#39s coronation in 1952 until today are still providing excellent value for investors, according to the Association of Investment Trust Companies.Research by the AITC to celebrate the Queen&#39s Golden Jubilee focused on the performance of trusts such as those from Foreign […]

Pinnacle launches sports accident cover products

Pinnacle Insurance says its long association with the sporting world has inspired the development of four sports accident products to help alleviate associated financial concerns. It says the highly competitive nature of today&#39s amateur sport makes the chances of suffering an injury greater than ever and a serious injury could result in months of work […]

Sub-prime numbers

Traditionally, the market factors that any mortgage adviser will immediately recognise as non-conforming, sub prime or adverse credit within an applicant&#39s credit profile are – arrears, county court judgments and bankruptcy/individual voluntary arrangements.Conventionally, these have been the measure of an applicant&#39s credit risk, with, for example, an applicant who has had some arrears in the […]

Lenders&#39 anger at £30k fee to join Misys panel

Lenders are blasting Misys Lending Service, the mortgage network launched this month, for demanding an annual fee of £30,000 to become a premier lender on its panel.Specialist lender Verso says firms are being asked to pay this fee to be a premier panel member and in return they get marketing and promotional services that other […]

Don’t play chicken with the Bank of Japan

By Josh Ausden, Head of Client Investment Strategy, Neptune Short-term yen strength has hurt the Neptune Japan Opportunities Fund but recent events have only added weight to our conviction that the Bank of Japan will act to ease policy, boosting multinationals’ profits and weakening the yen. In recent weeks the performance of the Japanese stockmarket […]

Newsletter

News and expert analysis straight to your inbox

Sign up

Comments

    Leave a comment

    Close

    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

    Email: customerservices@moneymarketing.com