GE Life plan offers choice over risk

GE Life is to launch the Income Option Plan next week offering the choice of income or growth linked...

GE Life is to launch the Income Option Plan next week offering the choice of income or growth linked to the Dow Jones Euro Stoxx 50 Index. The Income Option Plan is a three-year-and-two-month investment plan that allows investors to choose the level of income or growth and the element of risk they are comfortable with. The higher risk option 1 offers 10% annual income, 0.78% monthly income or 33% growth, while the lower risk option 2 offers 8% annual income, 0.64% monthly or 27% growth. Capital will be returned in full if the index never falls by more than 20% for option 1 or 30% for...