Legal and General offers GEB with income option

News

Legal & General in the UK has launched its third series of guaranteed equity bonds (GEBs) with a new income option for investors. Guaranteed Income and Capital Bond 3 allows investors to receive a set income payment at the end of the five-year term or a set income paid annually. The five-year protected investment plan offers a guaranteed income, plus growth potential linked to the FTSE 100 index. Guaranteed income is paid on half of the original capital amount. The other half provides 50% of

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