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Legal & General – Capital Protected Triple Index Plan 2

Legal & General

Capital Protected Triple Index Plan 2

Type: Guaranteed equity bond

Aim: Growth linked to the performance of the FTSE100, DJ Eurostoxx50 and S&P500

Minimum-maximum investment: £500-no maximum, Isa £7,200

Term: Five years

Return: 22% growth if all three indicies are at or above their initial values, 10% growth if two of the indicies are at or above their initial values, 5% growth if one of the indices is at or above its initial value

Guarantee: Original capital returned in full regardless of the performance of the indices

Closing date: July 3, 2009, June 19, 2009 for Isa transfers

Commission: Initial 3%

Tel: 0845 270 7010


Newton rethinks AMC in bid to bolster distribution

Newton has changed the way it deducts the annual management charge for its £911m income fund to bolster income distribution for shareholders.From midnight on July 31, the group is to deduct the AMC from the capital of the fund rather than the income generated. The AMC will remain at 1.5 per cent.Newton income has had […]

IP business increases 13% but IFA sales dip by 5%

Income protection sales increased by 13.5 per cent in 2008, a report by Swiss Re has revealed.In its annual term and health watch report on the UK protection market, Swiss Re found the number of IP policies sold last year increased by 13.5 per cent to 126,815 from 111,780 in 2007. But polices sold by […]


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