Plans from Britannic and Abbey

structured

groups' protected products link to the ftse and offer 120% return at the end of their term

Britannic Asset Management and Abbey have each launched capital protected products linked to the FTSE 100. Both products offer a minimum 120% return at the end of their six and five-and-a-half-year respective terms but investors willing to lock in their money for an extra six months could enjoy an excess return of up to 28%. Britannic's Secured Growth Plan 6's use of derivatives to exclude dividends from its total return and product charges will eat up 8.85% of the initial investment over the course of its life. Even so, the group forecasts returns will be between 120% and 172% of initia...