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New income plan from Keydata

Keydata has launched the latest version of its Extra Income Plan, offering 7.8% annual income over the five-year term.

Capital is protected unless the FTSE 100 falls by 50% or more at the end of the plan, in which case capital will be lost by 1% for each 1% fall in the index.

The plan opens this week and closes on June 12 for Isa transfers, and July 3 for other business. The minimum investment is £3,600.

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