Re: Possible "safe" investment
- From: John Boyle <john@xxxxxxxxxxxxxxxxxxxxxx>
- Date: Sun, 16 Jul 2006 19:58:49 +0100
In message <35tkb2500p29ncrf1h694fc7be2r9gua4m@xxxxxxx>, Daytona <me@xxxxxxxxxxx> writes
Seemed like a good deal to me until I read "The product is structured
to return your original capital in full after 5 or 7 years but this is
not guaranteed."
Maybe their just being straight - A rated insurers might fail, but it
needs investigating as Guaranteed Equity Bonds (the stock market
linked alternative that guarantees you capital)
<URL:http://www.nsandi.com/products/geb/index.jsp> are allowed to use
the guaranteed word.
Thats because the Government guarantees GEBs and the FSA (for some reason) allow the Government to use the word and bans anybody else from doing so. I wonder why?
--
John Boyle
.
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