Gilliat launches lock-in growth products

Gilliat has unveiled the inaugural product in its Lock-In Growth Series offering five-year returns of up to 34.5%.

The plan offers pre-defined growth payments linked to a choice of three asset classes - UK equities, commodities and property - plus the return of capital at maturity. Gilliat predicts potential growth payments of 31.75% from the FTSE 100, 34.5% from the S&P GSCI - ER and 32.3% from the FTSE EPRA/NAREIT Developed Europe. The plan features five annual observation dates. If the chosen underlying index is equal to or greater than its start value on any of these dates, returns are locked in and capital is protected until the maturity date. "This innovative plan presents investors with ...