Meteor Asset Management launches its Prima 6 Kick Out Growth Plan

Meteor Asset Management has launched its Prima Growth Plan 6, a six-year plan linked to the FTSE 100. The plan offers a return of 12% at the first yearly anniversary provided the index is at, or above, its opening levels.

If the FTSE 100 is below its initial level, the plan continues into year two. The plan remains open until the index is at, or above, the opening level. Consequently, the plan would pay 24% in year two, 36% in year three, 48% in year four, 60% in year five and 72% in year six (at maturity).

“A number of advisers have expressed a preference for just one Index in these products and in the current volatile markets they tend to prefer those relating to the UK,” says Graham Devile, managing director of

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