Barclays Wealth adds four-year option to Defined Returns Plan

Barclays Wealth has split its Defined Returns Plan into two separate investments and has added a fou...

Barclays Wealth has split its Defined Returns Plan into two separate investments and has added a four-year capital protected option to simplify IFAs’ product choice. The plan, which previously offered three investment options - two with full capital protection and an annual kick-out with more limited protection – has been divided into two separate products. DRP Capital Protection will launch on June 3 with three options delivering a fixed return of either 20 per cent over three years, 30 per cent over four years or 40 per cent over five years. The three year option previously delivere...