Barclays Wealth To Float Kick-Out Product

Barclays Wealth intends to launch a kick-out product, Money Marketing reports. The firm is seeking to launch the Barclays defined returns plan (AK0100).

The kick-out product will have a maximum six-year plan and can mature on any anniversary from third year onwards. Barclays is also considering rolling out a S&P version of its wealth ‘trend’ fund.

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