View more on these topics

Investec Structured Products – FTSE 100 5-Year Deposit Plan 24

Investec Structured Products – FTSE 100 5-Year Deposit Plan 24

Type: Capital-protected bond

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

Minimum-maximum investment: £1,500-£1m, Isa £5,100

Term: Five years

Return: Investec version – Option 1 – 35% growth at the end of the term provided the index is above its initial value, option 2 –27.5% growth at the end of the term provided index is above its initial value, otherwise 7.5% growth, RBS version – option 1 – 33% growth at the end of the term provided the index is above its initial value, option 2 –27% growth at the end of the term provided the index is above its initial value, otherwise 5.5% growth

Protection: Original capital returned in full at the end of the term regardless of index performance, along with 7.5% growth for Investec version option 2 and 5.5% for RBS version option 2

Closing date: April 8, 20110 April 5, 2011 for Isa 2010/11 tax year, March 25, 2011 for isa transfers

Commission: Initial 3%, initial 1% or initial 1% plus 0.45% renewal

Tel: 020 7597 4819

Recommended

Abbey for Intermediaries launches new fixed and tracker deals

Abbey for Intermediaries is launching three new deals and reducing the rate on a four-year fixed rate mortgage. From tomorrow, the lender is launching a two-year 60 per cent loan-to-value tracker at 2.49 per cent, with a £995 fee. The product is available with the lender’s homebuyer solution, which offers borrowers free basic mortgage valuation […]

4

Platforms are ‘wolves in sheep’s clothing’

Insurance companies and fund companies with wrap platforms are “wolves in sheep’s clothing” and will be the biggest threat to advisers after the RDR, according to Succession Advisory Services chief executive Simon Chamberlain. At Money Marketing’s RDR Invitational held in London earlier this month, Chamberlain said insurers and fund managers are using platform technology to […]

Barclays in talks to sell commercial service arm

Barclays is in talks to sell its commercial mortgage servicing arm, Barclays Capital Mortgage Servicing, Money Marketing understands. It is understood that Barclays has already had a number of bids for the business and at least one bid has been rejected. BCMS, which provides asset management and surveillance services, was formed in December 2004 to […]

Dividend slump? Not if you look globally

By George Boyd-Bowman, Manager of the Neptune Global Income Fund Recent research has indicated that global dividend growth will slump by as much as 50 per cent in 2016. As collapsing commodities hit high-profile dividend payers, George Boyd-Bowman explains why the US and Japan are his top picks for income growth in 2016. Click here […]

Newsletter

News and expert analysis straight to your inbox

Sign up

Comments

    Leave a comment