Newcastle IS unveils latest structured plan

The Guaranteed Capital Return Account (Issue 3) is offering a guaranteed minimum return of 9% Gross/1.74% AER with a potential return of up to 45% Gross/7.71% AER based on the performance of the FTSE 100. "At a time when structured investment products have been under close scrutiny, we believe our structured deposits will prove particularly attractive to IFAs and intermediaries, as well as their clients who are looking for a capital guarantee while enjoying the benefit of the FSCS protection scheme and have no further counterparty risk as well as a guaranteed minimum return of 9%," inter...