FVC review: SocGen income plan balances FTSE 100 and Euro Stoxx 50

The UK & Target Income Plan 1 offers annual returns of 6.15% with credit risk diversified across four financial institutions

Societe Generale has launched two products in its UK independent financial adviser issuance series. One of these is a conditional income product that pays an annual return of 6.15% if the closing level of the worst performing of two indexes – the FTSE 100 and the Euro Stoxx 50 – is equal to or higher than 65% of its initial level.

Points for

1. Potential annual income of 6.15% if the worst performing index closes at or above 65% of its initial level on any observation date.

Points against

1. If