L&G launches Triple Index plan

Legal & General has launched a structured product that links to three indices and offers up to 20% growth.

The return of the Capital Protected Triple Index Plan 1 depends on the performance of the FTSE 100, DJ Euro Stoxx 50 and S&P 500 indices over a five-year term. Investors receive between 5% and 20% growth depending on how many of the three indices rise.

However, if all three indices have fallen at the end of the term, investors receive only their original capital.