View more on these topics

Woolwich Plan Managers releases next tranche on two products

Woolwich Plan Managers is releasing the next tranche of its accelerated growth and capital plus plan tranches.

Accelerated growth 8 comes with a three-year option repayiing twice the market rise, capped at 24 per cent.

The five-year option has a three times multiplier, meaning a 16 per cent rise in the market delivered maximum 48 per cent.

On both options, capital will be repaid in full unless the FTSE 100 Index falls by 50 per cent, failing to recover its starting level.

The latest capital plus plan offers investors a defined minimum return or FTSE linked growth if greater after six years.

It pays a fixed minimum return of 21.5 per cent or 50 per cent of the any rise in the FTSE 100 Index if higher, and investors receive a full repayment of capital provided they remain invested until maturity.

Woolwich Plan Managers director Colin Dickie says: “Our feedback from IFAs indicates there is strong demand for both minimum and geared return structures to meet the needs of both the cautious and the more aggressive investor, so it makes sense to continue to offer these products at the most competitive rates of return we can.”

Recommended

Friends links bond to FundsNetwork

Friends Provident is to offer access to Fidelity FundsNetwork within its offshore bond. Friends says clients will now have access to FundsNetwork’s 900 funds from 54 providers to allow for easier switching between funds as their investment needs change.

UK housing market commentary by RICS

UK house price inflation is down to 4 per cent, its lowest since 1996, according to the OPDM.The Royal Institute of Chartered Surveyors notes that the Q2 inflation rate has dropped from 14.3 per cent last year, saying the market has been slowing for almost 12 months. House prices have risen 170 per cent since […]

TMB quartet quit for Deutsche Bank

Four directors of The Mortgage Business are joining Deutsche Bank in what is the bank’s clearest indication yet that it is moving into lending in the UK. Deutsche has recruited TMB managing director Bill Dudgeon, sales and marketing director Mark Bergin, strategy and planning director David Parry and operations director Paul Graham. The four will […]

Newsletter

News and expert analysis straight to your inbox

Sign up

Comments

    Leave a comment

    Close

    Why register with Money Marketing ?

    Providing trusted insight for professional advisers.  Since 1985 Money Marketing has helped promote and analyse the financial adviser community in the UK and continues to be the trusted industry brand for independent insight and advice.

    News & analysis delivered directly to your inbox
    Register today to receive our range of news alerts including daily and weekly briefings

    Money Marketing Events
    Be the first to hear about our industry leading conferences, awards, roundtables and more.

    Research and insight
    Take part in and see the results of Money Marketing's flagship investigations into industry trends.

    Have your say
    Only registered users can post comments. As the voice of the adviser community, our content generates robust debate. Sign up today and make your voice heard.

    Register now

    Having problems?

    Contact us on +44 (0)20 7292 3712

    Lines are open Monday to Friday 9:00am -5.00pm

    Email: customerservices@moneymarketing.com