Barclays Wealth enhances Defined Returns Plan

Barclays Wealth has launched a new Defined Returns Plan linked to the FTSE 100 index, with an improved annual kick-out option and greater pay-offs for its three and five-year investment options.

The kick-out offers a 12.75% return for every year that the plan is in force, increasing 1.75% from the previous series. The plan automatically matures and delivers the accumulated return if the FTSE 100 index is either the same as or higher than its starting level.

The two capital protected options offer a fixed return of 18.75% for the three-year option or 40% for the five-year option, provided the level of the FTSE 100 is equal to or higher than the starting level at maturity. The return rates