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New structured product from SLI

Scottish Life International is launching a structured product that invests in a combination of tax-efficient insurance funds which provide between 100% and 95% capital protection every three months.

A profit rate is calculated at the beginning of each quarter, indicating the proportion of any growth in the UK FTSE 100 stock market from which the investor will benefit each quarter.

Called the safe combination bond, the product has a minimum investment of £15,000.

SLI head of corporate communications Douglas Law says: “With our UK safe combination bond there is no fixed term and investors have access to their investment every three months, should their circumstances change”.

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