Teachers Assurance launches new Guaranteed Growth Bond
Teachers Assurance, provider of savings, investments and insurance in the UK, announces the launch of a new Guaranteed Growth Bond. The new 10-year growth bond, available from 10thFebruary 2014, offers the potential for uncapped capital growth with an underlying guaranteed, minimum return of up to 125% of the amount invested.Customers can invest between £2,500 and £25,000, or £50,000 with a partner. The level of guarantee, determined by the initial investment, ranges from 110% to 125% and relies upon the customer holding the investment for the full 10 years. The bond is an equity backed