L&G offers latest structured plan

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Legal & General is bringing its 10th investment plan in the Capital Protected Early Payment Plan ser...

Legal & General is bringing its 10th investment plan in the Capital Protected Early Payment Plan series to market, offering 160% of the growth in the FTSE 100. Investors will receive the sum after a six-year term plus original capital as long as the index is higher on the maturity date, 24 October 2013, than it is on the opening date of 24 October 2007. Like the other plans in this series, the L&G Growth Investment Plan Plus 10 will feature an early kick out option on the third anniversary. If the closing value of the FTSE 100 on 25 October 2010 is at least 15% higher than the starting ...

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