GE Financial Fund Management Limited has announced the launch of its second Pep offering a fixed income of 7.5 per cent for five years.
The Premier Income Pep has a minimum investment of £3,000 and a maximum investment of £9,000.
It guarantees the return of the original investment after five years providing the FTSE 100 Index has not fallen below its starting level.
If the index does fall the capital returned will fall on a point for point basis. Any income or growth achieved will be added to this amount.
IFA commission is 3 per cent.