Defined Returns Plan Annual Kick-Out

Our Defined Returns Plan Annual Kick-Out gives your clients the opportunity to earn competitive fixed returns even if the FTSE® 100 Index only shows modest levels of growth. Such is the flexibility of the Plan, your clients also have the chance to make these potential returns tax efficient by using any available ISA or capital gains tax allowances. Read on for more.

Product summary

• A return equal to 13.5% for each year the Plan is in force*
• Automatic maturity each year if the Index is the same or higher than the starting level
• Full capital repayment on an automatic maturity. If there is no automatic maturity, capital will still be repaid in full unless the Index falls by more than 50% and fails to recover
• Tax-efficient ISA investment options for 2008/2009 including ISA and/or PEP transfers
• Potential Capital Gains Tax exemption for further tax-free returns on capital invested outside of an ISA
• Eligible for pension portfolio investment within a SIPP or SSAS
• Suitable for Corporate and Trustee investment

Investors receive back all of their original investment unless the index falls by 50% and fails to recover to its initial level by maturity, in which case capital is lost 1:1 with the index.

* If the FTSE® 100 Index at the maturity date is the same or higher than the starting level (Initial Index Level)

Commission

• Annual Kick-Out Option - 3%

If you would like to find out more about using this Plan for tax planning purposes, please call us on 0800 234 6023 to arrange to speak to one of our Business Development Managers.