View more on these topics

Keydata bond offers two annual income deals

Keydata Investment Ser-vices has set up an extra income plan offering

a choice of either 6 or 8 per cent annual income over five years

depending on the choice of capital protection selected.

The first version of Plan 4 offers investors the choice of either 6

per cent annual or 1.44 per cent quarterly income or 32 per cent

capital growth.

The second option gives investors the choice of 8 per cent annually

or 1.93 per cent quarterly or 43 per cent capital growth.

Capital on both versions is returned in full at the end of the term

unless the FTSE 100 index falls by 40 per cent during the term and

fails to recover to at least its starting level.

In this event, capital will be eroded by 1 per cent for every 1 per

cent fall in the FTSE for the 6 per cent option and by 2 per cent for

the 8 per cent option.

The plan is available through a maxi Isa, a Pep or Isa transfer or

direct investment. Minimum inv-estment is £7,000.

Investment services sales director Mark Owen says: “Intermediaries

are under increasing pressure from clients to answer demands for

income in the face of paltry returns from deposit accounts and

continued uncertainty over equities. The plan offers reassurance

through its transparent structure, a quantifiable approach to risk

and realistic but att-ractive levels of return.”

Recommended

Duncan&#39s Discounts

Investment Editor Chris Duncan sets out some of the best deals in theIsa market Gartmore is offering a 2 per cent discount off the initial charge oninvestments into its focus funds until April 30. The initial chargeis now 3 per cent. The fund manager is also reducing the initialcharge on its cautious managed fund to […]

Friends to offer multi-manager pension deal within a 1% cap

Friends Provident is set to launch a multi-manager proposition forgroup pension business with potential access to any fund on themarket within a 1 per cent price cap.The three-tier offering consists of three best of breed lifestylefunds chosen by external experts, the Isis and Friends Provident fundrange and a full open architecture approach giving larger schemes […]

Eyebright – Enterprise Investment Scheme

Thursday, 27 March 2003 Aim: Growth by investing in the building and operation of day surgery centres Minimum investment: Lump sum £1,000 Opening/closing date: January 12, 2003/April 11, 2003 Charges: Implicit Commission: Subject to negotiation Contact: www.eyebrightplc.com

Top ten original mini cash Isas have fallen from grace says IF

Not one of the top ten paying instant mini-cash Isas launched in 1999 when the savings wrapper came to market remains in the top ten paying accounts today according to new research from Intelligent Finance.Only two managed to last out the first year before slipping out of the top ten the online bank says.IF says […]

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