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Morgan Stanley – FTSE Income Plan

Morgan Stanley – FTSE Income Plan

Type: Capital-protected bond

Aim: Income and the return of capital linked to the performance of the FTSE 100 index

Minimum-maximum investment: £3,000-, Isa £10,200

Term: Six years

Return: 7.5% income a year regardless of index performance

Guarantee: Original capital returned in full at the end of the term provided index does not fall by 50% or more without returning to at least its initial value

Closing date: July 7, 2010, June 30, 2010 for Isa transfers

Commission: Initial 3%

Tel: 020 7425 9000


Friends hires merger specialist as director

Friends Provident has appoin-ted former Deloitte & Touche merger integration specialist Belinda Richards as an independent director of Friends Provident Holdings and Friends Provident Group. The company has also appointed Karl Sternberg as an independent director. Richards is currently a vicechairman of Deloitte & Touche, where she was a senior corporate finance partner for 10 […]


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