Premier launches income plan offering 8% annual return

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Premier has unveiled a UK income plan targeting returns of 8% a year for investors.

The five-year plan is linked to the FTSE 100 and provides capital protection as long as the index is not 50% lower than its starting value at maturity. If the final value of the index has fallen by more than 50% on the last day of the plan, capital will be reduced commensurate with the drop. Minimum investment in the Premier UK 8% Income Plan is £5,000 and commission is 3%. The offer period closes on 1 May while the deadline for ISA transfers is 17 April. IFAonline

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