View more on these topics

Investec Structured Products  – FTSE 100 Defensive Kick-Out Plan 1

Investec Structured Products  – FTSE 100 Defensive Kick-Out Plan 1

Type: Capital-protected bond

Aim: Growth linked to the performance of the FTSE 100 index, with counterparty risk spread across HSBC Bank, Nationwide Building Society, Santander UK, Royal Bank of Scotland and Lloyds TSB BAnk

Minimum-maximum investment: £1,500-£1m, Isa  £11, 280

Term: Six years

Return: 17% growth plus capital at the end of year two provided the index does not fall my more than 10%, 25.5% growth plus capital at the end of year three, 34% growth plus capital at the end of year four, 42.5% growth plus capital at the end of year five, 51% growth plus capital 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% at the end of the term, based on an average of the final maturity date and preceding four business days

Closing date: May 18, 2012, May 4, 2012 for Isa transfers

Commission: Initial 3%, initial 2% plus 0.75 renewal or initial 1%

Tel:020 7597 4065



FSB slams ‘excessive’ auto-enrolment fines

The Federation of Small Businesses has criticised the “excessive” fines set to be levied on companies that fail to comply with automatic-enrolment rules. Speaking at TheCityUK’s pensions conference last week, FSB policy chairman Mike Cherry said the initial non-compliance fine of £400 is excessive. He said: “We are concerned that employers will be penalised for […]

FSA enforcement verdict is overturned

The FSA has vowed to continue to bring enforcement cases against senior management despite losing a high-profile test case which sought to fine former UBS UK wealth management division chief executive John Pottage £100,000 for inadequate supervision. The FSA published a decision notice against Pottage in October 2010, which imposed a £100,000 fine for misconduct […]

Franklin Templeton launches Africa fund for Mobius

Franklin Templeton has launched an African fund for star emerging markets manager Mark Mobius. The offshore Templeton Africa fund has received verbal approval from the Luxembourg regulator, the CSSF. The fund will aim for long-term capital growth by investing in African-listed equities or companies based elsewhere but with principal business activies in Africa. Mark Mobius, […]

ASA upholds complaint over misleading stamp investment ad

The Advertising Standards Authority has upheld a complaint from Which? over an advertising claim made by stamp dealer Stanley Gibbons. Which? challenged the advertising campaign for the Stanley Gibbon’s capital protected growth plan on three issues. It highlighted literature suggesting the plan is “is designed to protect your investment 100 per cent” and the fact […]

How do you choose the best online service?

By Ross Jackson, senior marketing manager There are many different protection online services available in the market and no doubt you’ll have used a few when submitting protection business. But why should you have to put up with slow, unresponsive sites for your business when you’re used to dealing with slick, modern user experiences in your […]


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