Prudential in five-year Isa venture

The Prudential has developed a five-year structured Isa offering guaranteed growth and an element of...

The Prudential has developed a five-year structured Isa offering guaranteed growth and an element of capital protection. Called the Prudential Growth and Income Plan, the product is available through an Isa, direct investment or as a transfer from a Pep or Isa, and offers intermediaries 3% commission. Charges are not explicit and are included in the make-up of the product. Minimum investment is £7,000 and maximum investment is set at £1m. Distribution of the product will be solely through intermediaries. The six-week offer period starts on 28 October and runs to 6 December, with i...