Arc offers sixth Stepped Kick-Out Plan

Arc has launched its sixth Stepped Kick-Out Plan offering 11% growth per year for six years if the FT...

Arc has launched its sixth Stepped Kick-Out Plan offering 11% growth per year for six years if the FTSE 100 closes down on its initial level at each anniversary. Or the product will potentially mature early at each anniversary if the index closes up on its initial level. So if the index is down at year one but then up at year two, 22% growth would be paid out and so on until a possible 66% after six-years. If the plan runs the full six-year term and the index is still down on its initial level, initial investment will be returned with RPI-based gains added but no kick-out growth. If ...