UK - Legal & General has launched a capital-protected index plan for SIPP, SSAS and other self-select defined contribution scheme investors.
L&G says it will give investors a low-risk saving plan that is also index-linked – providing growth in the FTSE100 Index up to a maximum of 55%.
Investors will receive ordinary shares in an Irish-listed closed-ended, variable capital investment company – called Legal & General UK Capital Growth III.
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