NU launches second issue of Capital Protected Plan

Norwich Union is bringing the second issue of its Capital Protected Plan to the market. The struct...

Norwich Union is bringing the second issue of its Capital Protected Plan to the market. The structured product has a capital protection element and is linked to the growth of the FTSE 100. The Norwich Capital Protected Plan 2 is designed to return twice the increase in the FTSE. The three year version of the plan offers the return of the initial investment plus twice the percentage rise in the index, with the total amount paid capped at 27%. The six year plan gives back the initial amount plus twice the percentage rise in the FTSE, capped at 72%. For both, capital protection and re...