Investec Structured Products has launched a new set of investment plans, which will be available to investors until the end of May.
The new Investec collection is split into separate deposit and investment plan guides. The deposit guide contains plans that are designed to complement cash based savings products whereas the investment guide contains plans that are designed to complement investment portfolios.
In total there are ten new products, including the FTSE 100 Geared Returns Plan 17 (Investec or RBS), FTSE 100 3 Year Deposit Plan 17, FTSE 100 Kick-Out Deposit Plan 12 and FTSE 100 5 Year Deposit Plan 17 (Investec or Lloyds).
Gary Dale, Head of Intermediary Sales, Investec Structured Products said: “Following the FSA's review of Structured Investment Products last October, we have decided to provide separate adviser guides for our deposit and investment plans. There are fundamental differences between both types of structure, which the FSA have clearly defined, so we felt it was important to highlight these differences within more tailored IFA literature.
“Our choice of plans and counterparties continues into Launch 17. However, product terms have reduced slightly across the range reflecting lower interest rates and consistently low measures of equity market volatility. In addition, our Deposit and Enhanced Kick-Out Plans carry slightly reduced adviser commissions as we feel it is important to keep the return profiles competitive whilst still remunerating advisers for the advice process.”
Investors have until May 28 to invest in the new Investec structured products.
To compare structured investment products click here »
© Fair Investment Company Ltd