NDFA has launched its latest structured product, the Fixed Income Plan September 08. The plan is l...
NDFA has launched its latest structured product, the Fixed Income Plan September 08. The plan is linked to the FTSE 100 and the Dow Jones EuroStoxx 50. It offers either an annual income of 9%, paid monthly over the five-year term regardless of the performance of the indices. There is also a 50% capital protection barrier, with capital repayment at maturity linked to the worst performing index. The plan is designed to be tax-efficient, taking advantage of the new, more favourable rules on the treatment of non-UK dividends, the group said. Marketing manager Ronan Gelling said NDFA had ...
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