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ScotLife International launches fourth series of Income & Growth Bonus Bond

Scottish Life International is launching the fourth series of its Income & Growth Bonus Bond.

Series 4 of the Income and Growth Bond offers a choice of growth income of 11.2 per cent a year or 2.7 per cent each quarter over three years or 35.6 per cent fixed gross growth.

The bond is linked to the FTSE 100, the US S&P 500 and the EURO STOXX 50, and provides a full return of initial investment provided none of the three indices fall by more than 30 per cent during the investment period.

Series 4 of the bond will be available solely through IFAs and carries a commission of 3.5 per cent.

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