UK wrap: Meteor bursts forth with an at risk kickout plan

Meteor blazed a lone trail in a week that was dominated by the re-launch of three Royal Bank of Scotland (RBS) notes.

The Meteor Prima Growth Plan 17 is a six-year kickout product linked to the FTSE 100 index. The capital at risk plan pays out 8.25% if the index is at or above its initial level on any of the anniversaries of the product's life. The product runs until either the kickout is triggered or the six years runs out. The product has a 50% soft protection barrier. Once this barrier is breached capital is lost in line with the index.

RBS was also looking to the skies with the re-release of its Navigator