Meteor relaunches Protected FTSE plan

Based on the performance of the FTSE 100, the six year plan offers a 45% return provided the index is at or above its opening level at maturity. Capital is 100% protected regardless of the index performance. Royal Bank of Scotland serves as the counterparty for the plan. Meteor managing director Graham Devile says: "Our first version of this plan proved very popular, possibly due to the fact for the FTSE100 to show a greater return than this product, it would have to close at a final level in excess of 8,000, roughly 15% above its all time high. "In the meantime, this plan offers 1...