Abbey launches protected equity investment plan in UK

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UK bank Abbey has launched its capital-secured UK Equity Investment Plan to add to its capital-guaranteed bonds linked to the FTSE 100, Nikkei 225 and property indexes. Abbey, which is owned by Spain's Santander, has also launched a special-release two-year deposit.

The Equity Investment Plan offers to return 130% of any growth in the FTSE 100 - averaged over the final six months - if the plan is held for its full term of five years and nine days. It also has two early bonus triggers, which m

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