More than 60% of Investec's structured products clients have reinvested as their plans have matured, said head of intermediary sales Gary Dale. Dale, announcing the firm's 13th product set, said all its previous deposits have either matured in the money or knocked out early, including the first series of three-year plans.
Investec's latest collection includes FTSE100 Kick-Out Deposit Plan 22, FTSE100 3 Year Deposit Plan 27, FTSE100 5 Year Deposit Plan 27, Deposit Growth Plan 10, FTSE 100 Income Deposit Plan 20 and the investment plan suite Gilt Backed Growth Plan 26, FTSE 100 Enhanced Kick-Out Plan 22, FTSE100 Geared Returns Plan 27, FTSE100 Accelerated Growth Plan 27 and FTSE100 Bonus Income Plan 17.