Meteor launches latest FTSE kick out plan

Meteor has unveiled the latest tranche of its FTSE 100-linked kick out plan, offering simple returns...

Meteor has unveiled the latest tranche of its FTSE 100-linked kick out plan, offering simple returns of 10% for each year the plan is open. The six-year plan will mature and pay 10% on its first annual anniversary if the index is at or above its opening level. If the FTSE is below its initial level, the plan runs into year two where if it is at or above its opening level on the second anniversary it will pay 20%. Prima Growth Plan 16 remains open until the index is at or above its initial level on any anniversary, paying an additional 10% each year. Capital is protected unless the i...