Barclays launches five-year protected Isa

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Barclays has launched a five-year protected Isa linked to the FTSE 100 offering a minimum return of ...

Barclays has launched a five-year protected Isa linked to the FTSE 100 offering a minimum return of 10%. The Barclays Stocks & Shares Isa is open for both the 2005-06 and 2006-07 maxi Isa allowances, permitting an individual to invest up to £14,000. The maximum gain available from the plan is 55% of the FTSE's growth in addition to the 10% minimum return. Barclays is aiming it at the cash Isa market. Details at www.barclays-isa.co.uk

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