Morgan Stanley plans exploit lower volatility

Morgan Stanley has rolled out four FTSE 100-linked plans in the UK featuring improved terms resulting from lower volatility and the attractive returns available for the debt of the single A rated bank. The products consist of the Protected Growth Plan 33, Best Entry Growth Plan 3, Tracker Plus Plan 2 and Kick Out Growth Plan 3. All are subject to capital gains tax, have minimum investments of £3,000 and are open only to retail investors using advisers.

The six-year protected plan allows for an ea