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Scottish Widows has introduced the flexible investment bond

Scottish Widows has introduced the Flexible Investment Bond, a unit-linked bond aimed at investors who are aged 50 and above and thinking about retirement.





Investors can choose to invest in a maximum of 10 out of a total of 23 Scottish Widows funds. This enables them to choose a range of funds for income or growth, depending on the needs of the client.





Coming into a crowded market this product offers little that makes it stand out from other, similar products.





According to Standard & Poor&#39s, Scottish Widow&#39s track record is middle of the road. Of the 23 funds that can be invested in, 10 have mid-range past performance, whilst two have poor performance and two have good performance, based on £1,000 invested on a bid-to-bid basis with net income reinvested over one year. The remaining 9 funds do not have one year past performance.




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