“The latest Fair Investment Income Deposit Plan offers capital protection plus the potential to earn 7% for each year the FTSE 100 remains between 4,500 and 7,000 points (yesterday’s closing value was 5,530). If the FTSE moves outside of this range during any year, no income will be paid.

Compared to longer term fixed rates for businesses, which have reduced in recent months and are currently offering around 4%, this plan offers the opportunity to earn an additional 2.5% each year. Depending on your view of the FTSE, this could make for an attractive alternative.”

Oliver Roylance-Smith, head of investments and savings

Learn more about the Income Deposit Plan and find out how to apply »
 

This is a structured deposit plan and is capital protected. 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 this event you may be entitled to compensation from the Financial Services Compensation Scheme (FSCS), depending on your individual circumstances. In addition, you may not get back the full amount of your initial investment if the plan is not held for the full term. The past performance of the FTSE 100 Index is not a guide to its future performance.

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.