'Wide variety' of Abbey accounts available

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'Wide variety' of Abbey accounts available

Abbey has unveiled new offerings in its capital guaranteed structured deposit account series.

Offering participation in the FTSE 100, Abbey's UK equity minimum investment plan offers full capital return at maturity.

The Abbey plan is a five-year investment which offers returns on the FTSE 100 over ten six-month periods.

When the contributions are added together, if the total is less than 20 per cent, the plan is structured to pay a return of 20 per cent.

If more than 20 per cent, the Abbey plan will return the total of the six-monthly contributions up to a maximum of 20 per cent.

Gary Dale, head of intermediary business development at Abbey Financial Markets, said: "The need for a wider variety of underlying investments is clear from intermediary feedback, and it is our intention to be able to offer structured products across some of the more esoteric asset classes moving forward."

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