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Fixed rate savings alternative offers 6.5% potential annual growth with capital protection

Fixed rate savings alternative offers 6.5% potential annual growth with capital protection

05 July 2012 / by Oliver Roylance-Smith

An attractive alternative for your savings?

“With longer term fixed rates still offering historically low returns, plans offering the opportunity for higher returns are becoming more popular.

The potential 6.5% annual return on offer from Cater Allen’s Annual Locked-In Returns Plan has an attractive headline rate and works by comparing the value of the FTSE 100 at the end of each year with the value at the start of the plan.

If it is higher at the end of each year, 6.5% will be locked in and if it is lower, no return will be paid, with all of the locked in returns paid at the end of the term along with a full return of your capital.

All deposits held with Cater Allen are fully and unconditionally guaranteed by Santander UK plc and so for those looking at alternatives for their savings, this could be a strong contender."

Oliver Roylance-Smith, head of savings and investments

Find out more and request a brochure for the Cater Allen Annual Locked-in Returns Plan »

This is a structured deposit plan and is capital protected. There is a risk that the company backing the plan or any company associated with the plan may be unable to repay your initial investment and any returns stated. In this event you may be entitled to compensation from the Financial Services Compensation Scheme (FSCS), depending on your individual circumstances. In addition, you may not get back the full amount of your initial investment if the plan is not held for the full term.

If you are at all unsure of the suitability of this type of investment, both in respect of its objectives and its risk profile, you should seek independent financial advice.