Abbey Guaranteed Growth Plan launched
www.moneynews.co.uk > General finance > Abbey Guaranteed Growth Plan launched
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Money News |
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Abbey Guaranteed Growth Plan launched
Mon 12th Jun 2006
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As long as customers keep their plan for the full term, they are guaranteed to get their money back as well as receiving a guaranteed minimum return of 19 per cent.
Maximum return on the Abbey Guaranteed Growth Plan is 44 per cent on the initial investment over the five and half year period.
Investments in the growth plan can be between £1,500 and £7,000, returns above 19 per cent are not guaranteed and are subject to averaging.
Pak Chan, head of investments marketing at Abbey, said, "It is understandable that people are sometimes put off investing in the stock market by the fear of losing their hard-earned savings. However, this means that too many are missing out on potentially good returns."
The Abbey Guaranteed Growth Plan offers access to FTSE 100 index growth potential as the money invested is used to buy stocks, the value of which can increase or decrease.
Related News : General finance |
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Related News : Santander |
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