Barclays Wealth lauds pre-defined return on investment
www.moneynews.co.uk > Banking > Barclays Wealth lauds pre-defined return on investment
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Barclays Wealth lauds pre-defined return on investment
Fri 30th Apr 2010
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Lisa Chaudhuri, vice-president of Barclays Wealth, pointed out that there is a sense of uncertainty around the political and economic landscape, which affects the way individuals want to invest their capital.
She claimed that the Defined Returns Plan Annual Kick-Out, which has an early disposal feature of two years, is an example of a transparent product that allows investors to see how much of a return they will get from their cash and not have to worry overly about the performance of the market.
"The plan can also be held in tax efficient wrappers such as stocks and shares Isas as well as SIPPs, helping investors to maximise returns in a low savings rate environment," explained Ms Chaudhuri.
This week, Barclays Wealth revealed that 89 per cent of the investors who signed up to its Stockbroker Investment Isa contributed the maximum allowance during the 2009/10 financial year.
Click here for more banking news
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Related News : Barclays |
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