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Legal & General – FTSE Growth Plan 10

Legal & General – FTSE Growth Plan 10

Type: Capital-protected bond

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

Minimum-maximum investment: £3,000-no maximum, Isa £10,200

Term: Five years

Return: 45% of the original investment provided index is at or above its initial value by the final day of the term

Protection: Original capital returned in full provided the index does not fall by more than 50% by the final day of the term

Closing date: June 24, 2011, 2011, June 10, 2011 for Isa transfers

Commission: Initial 3%

Tel: 0845 273 0008


Out of context

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Schroders reports £103.8m pre-tax profits in Q1

Schroders has announced pre-tax profits of £103.8m in the first quarter of 2011. The figures is up on the £93.2m reported in the first quarter of 2010, while Schroders has also seen total funds under management rise to £201.4bn, from £196.7bn at the end of last year. The asset management arm reported an increase in […]


Sir David Walker to rule on RBS report

City grandee Sir David Walker will be called in to break the deadlock over the publication of an FSA report into the collapse of Royal Bank of Scotland, according to reports. The report was originally expected in March but has been delayed indefinitely because of legal wrangling between the state owned bank’s lawyers and the […]


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