NDFA is to launch a new income plan that will offer investors various payment options as well as 50 per cent downside protection.
The NDFA fixed income or growth plan launches on February 21 and will offer investors either an 8.25 per cent fixed income annually, a monthly income of 0.66 per cent or a single fixed growth payment at maturity of 45 per cent.
The plan is linked to both the FTSE 100 and Dow Jones EURO STOXX 50 and has a final maturity date of 8 May 2013.
The minimum investment is set at 7000 and the plan is available for Isa investment this year. IFA commission is 3 per cent initial.