Gary Dale, head of intermediary sales at Investec, said: “Structured products are really coming of age and we’re seeing strong demand for these investments as retail investors and IFAs continue to look at potential opportunities for upside growth whilst trying to protect their investments from market downswings.
“In response to the demand from advisers, we are pleased to continue with our 0% commission versions on two of our kick-out Plans. This gives advisers the option to set the commission rate based on the fee they have agreed with their client.
“As the preparation for RDR gains pace, we expect favour towards low commission products to increase and expect that advisers will increasingly offer clients structured products as they seek to give a whole-of-market approach.”
The latest range has the following investment plans which put capital at risk:
- FTSE 100 Enhanced Kick-Out Plan 31: Potential for maturity from the first anniversary onwards paying 13% gross per annum (not compounded) for the Investec option or 11% gross per annum (not compounded) for the UK 5 option
- FTSE 100 Enhanced Kick-Out Plan 31 (0% commission): Potential for maturity from the first anniversary onwards paying 16% gross per annum (not compounded) for the Investec option or 14% gross per annum (not compounded) for the UK 5 option
- FTSE 100 Geared Returns Plan 36: 78.5% return (Investec option) or 63% return (UK 5 option) if the FTSE 100 is higher after 5 years
- FTSE 100 Bonus Income Plan 26 – Investec option: 60 monthly fixed payments equal to 0.57%, with potential monthly bonus payments of 0.04%. UK 5 option: 60 monthly fixed payments equal to 0.47%, with potential monthly bonus payments of 0.04%
- FTSE 100 Accelerated Growth Plan 36: 270% of any rise in the FTSE 100 with no upper limit on the maximum return
It also includes this defensive plan:
- FTSE 100 Defensive Kick-Out Plan 4: Potential for maturity from the second anniversary onwards paying 8% per annum (not compounded) if the FTSE 100 is higher than 90% of its starting level
And the following deposit plans:
- FTSE 100 Kick-Out Deposit Plan 31: Potential for maturity from the second anniversary onwards paying 5% per annum (not compounded)
- FTSE 100 Kick-Out Deposit Plan 31 (0% commission): Potential for maturity from the second anniversary onwards paying 6.25% per annum (not compounded)
- FTSE 100 3 Year Deposit Plan 36: 15% return if the FTSE 100 is higher after 3 years
- Deposit Growth Plan 19: 100% of any rise in the FTSE 100 (Option 1). 150% of any rise in the EVEN 30™ (Option 2)
