Investec SP revamps literature in response to FSA review

Launch 17 includes the FTSE 100 Kick-Out Deposit plan 12 and the FTSE 100 Enhanced Kick-Out plan 12. A spokesperson says Investec is still awaiting clarification from the HMRC on whether kick-out plans qualify for ISA investment, but believe this will come before the final investment date of 28 May 2010. Meanwhile, Investec has split its deposit and investment plan literature following the FSA's review into structured products. The deposit guide contains plans which are designed to complement cash based savings products, whereas the investment guide contains plans to complement inv...