“With the last minute dash to the ISA deadline just a few days behind us, it is good to know that our most popular investment plan during ISA season is still available for investment.

Our exclusive FTSE Income Plan from Morgan Stanley remains a real stand-out, providing a fixed annual income of 7.7% gross regardless of the performance of the FTSE 100. The plan has a 5 year term and conveniently pays the income to you each quarter. Capital will be returned to you in full at the end of the plan unless the FTSE falls by more than 50% during the investment term.

With the new ISA allowance of £11,280 available right now, why wait to start receiving the benefits of tax free income. This plan also accepts ISA transfers as well as non-ISA investments. If you decide to invest, do hurry as it is due to end soon and could close early.”

Oliver Roylance-Smith, head of savings and investments

Find out how to apply for the Morgan Stanley FTSE Income Plan »

This is a structured investment plan that is not capital protected and is not covered by the Financial Services Compensation Scheme (FSCS) for default alone. There is a risk of losing some or all of your initial investment due to the performance of the FTSE 100 Index.

There is a risk that the company backing the plan or any company associated with the plan may be unable to repay your initial investment and any returns stated. In addition, you may not get back the full amount of your initial investment if the plan is not held for the full term. Please note tax treatment depends on individual circumstances and may be subject to change in the future.

If you are at all unsure of the suitability of this type of investment, both in respect of its objectives and its risk profile, you should seek independent financial advice.