Fixed rate bonds provider Legal & General presents new product
www.moneynews.co.uk > Banking > Fixed rate bonds provider Legal & General presents new product
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Money News |
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Fixed rate bonds provider Legal & General presents new product
Tue 24th Aug 2010
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Head of business development at the company James Harrington explained that the arrangement, which sees clients rewarded with 200 per cent of any capital growth in the FTSE 100 up to 45.5 per cent of the original investment, also minimises risk.
He suggested that many savers will be enticed by the prospect of receiving a rate of interest higher than the current level of inflation in the UK.
"The launch of our third deposit bond this year confirms our commitment to offer customers the opportunity to invest in products with returns reflecting the performance of the FTSE 100 Index," remarked Mr Harrington.
This month, Legal & General published research relating to the Retail Distribution Review, indicating that financial advisers may soon be shifting their priorities in order to generate income.
Click here for more banking news
Related News : Banking |
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Related News : Legal and General |
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