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Merchant Capital – Growth Plan: Twin Win

Merchant Capital – Growth Plan: Twin Win

Type: Capital-protected bond

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

Minimum-maximum investment: £3,000-no maximum, Isa £7,200, £10,200 for the over 50s

Term: Six years and three weeks

Return: 200% of the growth in the index capped at 94% of the original capital or 100% of any fall in the index up to 40%

Guarantee: Original capital returned in full at the end of the term provided the index does not fall by more than 40% without returning to at least its initial value

Closing date: March 12, 2010, March 5, 2010 for Isa transfers

Commission: Initial 3%

Tel: 020 7332 2200


Iceland to resume Icesave talks

Iceland is preparing to reopen talks with the Netherlands and Britain to discuss new proposals on the Icesave debt dispute, according to reports. 


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