Gilliat Financial Solutions has launched the second plan in its 50/50 Deposit series which splits capital equally between two investments.
Half the capital is invested in a one year deposit paying 5% gross interest. The other half in a five year deposit paying returns based on half the rise in an underlying index supplied by RBS. The choice of three indices allows for investment in UK equities, global environmental equities or commodities, or a combination. Capital is protected at maturity. RBS is the counterparty for the plan. Gilliat managing director Adrian Neave says: "The 50/50 Deposit series is designed for savers seeking a potential higher return from their savings than fixed deposits. "The 50/50 element add...
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