New Product Launch
27 Aprile 2006 - 3:37PM
RNS Non-Regulatory
Prestbury Holdings PLC
27 April 2006
Prestbury Holdings Plc ("Prestbury") is pleased to announce its entry into the
low risk structured deposits market by way of the launch of the Barclays 5-year
Guaranteed FTSE Account. All money invested in this product will be returned at
maturity, plus 106% (gross) of any rise in the FTSE 100 Index over the period,
subject to averaging over the final year. These benefits only apply at maturity
and early withdrawal may result in a loss.
Barclays have agreed that Prestbury are to be the only FSA authorised Mortgage
and GI Network to distribute this product. Commission will be paid to Prestbury
appointed representatives and Prestbury's FSA Direct Bsuredirect.com advisers.
Commenting on the launch, Lee Burkett, Chief Executive, said:
"This is an exciting development for Prestbury and the Prestbury Practices. The
revenue stream to Prestbury and its advisors will be welcomed and endorses my
previous comments that Prestbury Mortgage and General Insurance advisors are the
wealth managers of the future."
For further information please call
Lee Birkett CEO 077 20 10 15 36
This information is provided by RNS
The company news service from the London Stock Exchange
END
NRABXGDSUXDGGLR