FVC review: Investec targets retirees with protected deposit plan

Investec Structured Products has tailored a new FTSE 100-linked product with capital protection to suit pension planners following the introduction of the UK Pension Schemes Act in April 2015

Investec product is aimed at UK retiree market
New product aims to tap UK pensions market

Investec Structured Products has released a new FTSE 100-linked deposit plan into the UK retail market. The product is available in two versions, both offering full capital protection and a potential digital payment at maturity.

Points for

1. Capital is protected at maturity.
2. Option one: A fixed return of 31.5% is paid if the final index level is above 90% of its initial level.
3. Option two: A fixed return of 24% is paid if the final index level is above 75% of its initial level.

Points

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