![]() INVESTMENT PLAN DEFINED RETURN PLAN. Wealth and Investment Management. Contents 3 Why Barclays? 4 Enhancing returns 5 Overview 9 How are the returns calculated? year (dated 30 June and 31 December). 24. Barclays Wealth has enhanced the terms of its latest Defined Returns Plan (Capital Protection). Now in their ninth year. Barclays Wealth enhances Defined Returns Plan. by Hysni Kaso 08 April 2009 Tweet. DEFINED RETURNS PLAN. Limited offer closes 30 September 2008. 2 Contents 3 Why Barclays Wealth? 4 Enhancing returns 5 The Defi ned Returns Plan. These will be prepared as at 30 June and 31 December each year and will. Barclays 5 Yr Defined Returns Plan Savings & Investments. Skimlinks adds tracking to some, primarily retailers' links, to show they come from this forum. For some retailers, instead of using Skimlinks to turn the link into. Structured Product Review, for investments worth a closer look. About Us; Feedback; Refer a Colleague; Contact; Home; Current Products; Provider Profiles; Counterparties; Tools. Portfolio Builder 0; Report Generator; Product. Product Summary – August to October 2009. Protected FTSE Plan September 2009 Edition 5 Yrs FTSE 100 Full if held to maturity. Defined Returns Plan (Capital Protected. ![]() ![]() Barclays WealthDefined Returns Plan. Capital Protected Options – August 2009 Edition. Type: Guaranteed equity bond. October 5, 2009, September 21, 2009 for Isa transfers. Legal & General - and Barclays and launch Defined Return Plan 1. April 2. 01. 3. James Harrington. Head of Structured Solutions Barclays and Legal & General have announced the launch of the Legal & General Defined Return Plan 1 ("the Plan"), which opens for investment on 8 April 2. The Plan will be the first product in a collaborative series of investments offering investors efficient access to Barclays' investment expertise and Legal & General's plan management and administration capabilities in a single bundled offering. Richard Henry, Director, Barclays said: "Blending Barclays' investment expertise with Legal & General's highly regarded proposition allows us to offer another way for advisers to access the products they need in the way that best suits them. We are focused on delivering client- centric solutions and we appreciate that where in some cases unbundled investments are appropriate, in others a bundled route may be the most suitable. This approach allows advisers to choose optimally based on their own requirements."James Harrington, Head of Structured Solutions, Legal & General Savings said: "We are naturally extremely pleased to be working with Barclays to launch an attractive proposition for investors via the IFA market. Where advisers are looking for plans rather than the unbundled solutions from Barclays, they will recognise that the strength of the plan manager and administrator is extremely important. Legal & General has been active in the structured product sector since 1. We are looking forward to working together."Paula Hughes, Account Director at Legal & General said: "Legal & General is one of the top financial services providers in the UK and is well placed to deliver high quality customer propositions for Barclays Bank. We have been working with Barclays since 2. This latest initiative extends our relationship with Barclays to include investments for IFAs, which is a core area of expertise for our Legal & General Savings business. The inclusion of structured investments in the partnership makes sense for both IFAs and their customers, and supports Barclays' position as a major financial services provider. This meets the need in the market for bundled products and by offering a choice for clients reinforces our common goal of putting customers at the centre of what we both do."The Plan offers repayment of capital plus a defined return as long as the level of the FTSE 1. Index on the second anniversary, or subsequent anniversaries is equal to or above the starting level, taken on 1. June 2. 01. 3. The Plan will last a maximum of six years but if the defined return payment feature activates the Plan will close early on the second, third, fourth or fifth anniversaries. The maturity date is 1. June 2. 01. 9. Notes to editors. Legal & General Defined Return Plan 1: The new Plan offers repayment of capital plus a defined return as long as the level of the FTSE 1. Index on the second anniversary, or subsequent anniversaries is equal to or above the starting level, taken on 1. June 2. 01. 3. The Plan will last a maximum of six years but if the defined return payment feature activates the Plan will close early on the second, third, fourth or fifth anniversaries. The maturity date is 1. June 2. 01. 9. See table below for potential returns: Potential defined return payment. Defined return payment feature activation. End of year. 12. 34. June 2. 01. 9) FTSE 1. N/A 1. 4%2. 1% 2. Capital is not protected with this Plan. Between 5. 0% and 1. FTSE 1. 00 has fallen by more than 5. The original capital invested will be reduced by 1% for each 1% fall in the Index. So, if the FTSE 1. Index is 6. 0% less than its starting level, investors will receive 6. The plan is hedged by securities issued by Barclays Bank Plc, rated A+ by Standard & Poor's, and managed and administered by Legal & General. The minimum investment is £3,0. Investors can invest up to £1. ISA for the 2. 01. There is no maximum for ISA transfers. The last date for ISA transfers is 1. May to allow time for the completion of the transfer before the offer close date. The closing date for all other applications is 3. May 2. 01. 3. Adviser Charging: This plan offers Facilitated Adviser Charging (FAC). Full details of FAC arrangements and product key features are available on the Legal & General dedicated adviser website landgstructuredproducts. Advisers can also contact Solutions First on 0. Lines are open from 9am to 5pm Monday to Friday. We may record and monitor calls. Call charges will vary). Or email structured. The information contained in this press release is intended solely for journalists and should not be relied upon by private investors or any other persons to make financial decisions. The contract start date is 1. June 2. 01. 3 and the end of the fixed term is 1. June 2. 01. 9. 2. This plan is not suitable for customers who may need to access their money before the end of the six year term or who may be seeking a definite return, and are not prepared to accept the risk that they may lose some or all of their investment. The growth of the FTSE 1. Index will be measured using the initial level of the Index at the close of business on the start date and the final level of the Index on each applicable anniversary. At the end of six years, if the defined return payment has not been triggered, the return will be as follows: a) if the FTSE 1. Index has fallen by 5. FTSE 1. 00 Index has fallen by more than 5. FTSE 1. 00 Index is below its starting level. The investment should be held until maturity but can be encashed or, if held as an ISA, transferred to another ISA provider at any time. If this happens the investor may get back less than they originally invested. The securities provider is Barclays Bank Plc. In the event that they become insolvent and therefore unable to meet their commitments, the investor could lose some or all of their original investment and any applicable bonus. This investment does not invest directly into the companies that make up the FTSE 1. Index and so no dividend income is received. About Barclays. Barclays moves, lends, invests and protects money for customers and clients worldwide. With over 3. 00 years of history and expertise in banking, we operate in over 5. Our customers and clients benefit from access to the breadth of expertise across Barclays. We're one of the largest financial services providers in the world, engaged in retail banking, credit cards, corporate and investment banking, and wealth and investment management. Barclays offers premier investment banking products and services to its clients through Barclays Bank PLC. Authorised and regulated by the Financial Conduct Authority. Registered in England. Registered No: 1. Registered Office: 1 Churchill Place, London E1. HP. For more information, visit www. About Legal and General. The Legal & General Group, established in 1. UK's leading financial services companies. As at 3. 1 December 2. We also had over seven million customers in the UK for our life assurance, pensions, investments and general insurance plans. The Legal & General Defined Return plan 1 is provided by Legal & General (Portfolio Management Services) Limited. Authorised and regulated by the Financial Conduct Authority. For more information please contact: Mike Connolly. About Legal & General. Legal & General (Portfolio Management Services) Limited. Registered address: One Coleman Street. London EC2. R 5. AA. Registered in England 2.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. Archives
October 2016
Categories |