Investec Structured Products is launching a capital-protected plan to reflect investor uncertainty over the extent of the UK's economic recovery.
Investors in the FTSE 100 5 Year Deposit Plus Plan 1 receive a 30% return if the FTSE 100 is higher after five years or 100% of any growth in the FTSE 100 if it rises more than 30% in that timeframe. The timing of the investment allows clients to use their ISA allowance for the two consecutive tax years - 2013-2014 and 2014-2015 - if they have not already used all of their ISA allowance for the tax year. Investec Structured Products head of intermediary sales Gary Dale said: "We launched this plan with the aim of giving an alternative way to access upside from the FTSE 100 if it grows...
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