NDFA unveils its latest income plan

The income levels are fixed and will be paid despite the performance of the index during the five and a half year term. Capital repayment at maturity is based on the performance of the index.

The plan provides a 50% protection barrier, which if breached, incurs a 1:1 loss in capital. The plan is intended to favourably benefit the new ruling on non-UK dividend taxation that came into force on April 6. Basic rate taxpayers now receive non-UK dividends tax free, meaning that the plan, which buys

To continue reading...

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: