Meteor offers protection and FTSE-linked income

Meteor is offering a Royal Bank of Scotland-issued variable income product aimed at investors who have a preference for an income stream, which is a trend in the UK market

Income streams are popular with UK investors

The FTSE Income Deposit Plan 2 is a six-year and two-week capital-protected income product linked to the FTSE 100 index. It offers annual income of 7.5%, or 1.5% for each quarter (depending which option is chosen by investors) provided the index stays with a 4,500-7,500 range on every day during the relevant observation period.

An income payment will be made after the end of an observation period, but investors receive the relevant income stream only if the index does not breach the range in the

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