NDFA delivers tax benefits with latest income product

The five-and-a-half year plan is linked to the FTSE 100 index and offers a fixed annual income of 7.25% per year, a 0.25% drop annually from the last time the product was issued by NDFA. The plan comprises five payments of 7.25% and a final payment of 3.625% or a monthly income of 0.59% on initial capital invested. The payment of income is fixed despite the performance of the index, although capital is subject to a 50% protection barrier. If the index falls below this 50% barrier during the

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