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Zurich launches new capital account

Zurich Financial Services has launched its new Guaranteed Account 18, the latest addition to its series of Guaranteed Capital Accounts.

The Zurich Guaranteed Account 18 is designed to offer intermediaries and their clients’ access to potential stock market returns while protecting their clients’ original capital investment.

The minimum and maximum investments of the account are GBP2,500 and GBP250,000, respectively. It provides 3.25% initial commission on all monies invested into this account.

Paul Wright, director of investment management at Zurich, said: With current stock market volatility, these products are proving extremely popular with intermediaries and their clients. We believe that their popularity is due to the fact that these products are simply structured and offer capital security, as well as stock market linked returns.