|
|
|
FTSE 100 Income
Deposit Plan 13 |
|
|
|
Plan Overview
The Plan is designed to repay your initial deposit after 5 years
and also to provide income payments as long as the FTSE 100 does
not fall by more than 50% at any point during the 5 year term.
There are two options available each with annual or monthly
payments. Option 1 pays income which increases during the Plan,
whereas the income payments for Option 2 stay the same:
• Option 1: 5 annual payments starting at 2.75% for year 1
increasing to 6.75% for year 5 OR 60 monthly payments
starting at 0.21% for year 1 increasing to 0.53% for year 5
• Option 2: 5 annual payments of 4.5% or 60 monthly payments of
0.36%.
If the FTSE 100 falls by more than 50% at any point during the 5
year term then income payments will stop. Income payments will
only restart if the FTSE 100 fully recovers.
|
|