Royal London’s Riley offers unique opportunity for investment protection in uncertain markets
During the current stockmarket volatility, investors in Riley, the individually insured investment from Royal London, can enjoy greater peace of mind with the option to insure some or all of their investment against possible stockmarket falls.
Royal London, the UK's largest mutual life and pensions company, designed Riley to combine the potential for stockmarket gains through exposure to the FTSE 350 with a flexible level of protection. The ability to change the level of protection at any time, for instance to lock in gains or to take advantage of lower share prices, is a unique benefit which allows investors and their IFAs to choose -- and to vary -- the appropriate balance between risk and return for the individual.
The chosen protected amount is insured by putting part of the original investment into a fund which holds protection contracts provided by a leading investment bank. The remainder of the investment goes into a choice of two funds: the FTSE 350 Tracker Fund, managed by RLAM (Royal London Asset Management), or the FTSE 350 Managed Fund, managed by Andy Simpson at Schroders.
Roger Edwards, Head of Marketing Development, commented:
"The FTSE 350 has seen strong gains since the launch of Riley on 5 October 2006. However, recent stockmarket uncertainty can be concerning for some investors. Riley's unique protection element, where the investor and their adviser have the ability to change the level of protection at any time, offers flexibility and can help provide peace of mind in the most volatile markets."
IFAs can get Information about Riley from their Scottish Life consultant or by going to www.thelifeofriley.co.uk
Note:
Investment returns may fluctuate and are not guaranteed. The price of units can go down as well as up.
Riley is a life insurance bond with a minimum investment of £10000.Investors may not get back the full amount of their investment.
The FTSE® trademark is jointly owned by the London Stock Exchange plc and The Financial Times Limited and is used by FTSE International Limited under licence. "FTSE350" is a trademark of FTSE International Limited. The FTSE 350 Index is calculated by FTSE International Limited. FTSE International Limited does not sponsor, endorse or promote this product and is not in any way connected to it and does not accept any liability in relation to its issue, operation and trading. All copyright in the index values and constituent list vests in FTSE International Limited. The Royal London Mutual Insurance Society Limited has obtained full licence from FTSE International Limited to use such copyright in the creation of this product.
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For further information please contact:
Royal London
Alasdair Buchanan
Group Head of Communications
Tel: 0131 456 7133
Polhill Communications
Jenette Perry
Tel: 020 7655 0530
Editor's Notes:
1Who's behind Riley?
Scottish Life is a division of Royal London and markets products produced by Royal London. Scottish Life is responsible for the marketing, distribution and servicing of the Riley bond.
RLAM is the specialist asset management company within the Royal London Group. RLAM's clients include FTSE 250 companies, local authorities, universities and charities; wealth managers and other financial advisers. RLAM manages over £32bn of assets, employing more than 50 experience investment professions (as at 30 June 2007).
Schroders is a global asset management company with £137.6 billion under management as at 30 June 2007. Its clients are major financial institutions including pension funds, banks and insurance companies, local and public authorities, governments, charities, high net worth individuals and retail investors. Schroders applies its specialist asset management skills in serving the needs of its clients worldwide. With one of the largest networks of offices of any dedicated asset management company and over 250 portfolio managers and analysts covering all the major investment markets, Schroders offers its clients a comprehensive range of products and services.
Further information about Schroders can be found at www.schroders.com
2Royal London Group, is a specialist financial service provider. Its businesses focus on those sectors of the market which value premium propositions, operating through a number of brands:
- Scottish Life – UK pensions market
- Bright Grey – UK protection market
- Scottish Life International – offshore investment markets
- RLAM – fund management
- RLAS – life and pensions administration
Royal London is one of the stronger life and pension companies in the UK, and has a strong track record for with-profits performance.
Royal London is the largest mutual life and pensions company in the UK with Group funds under management of £32.7 billion. Group businesses serve around three million customers and employ 2,570 people (figures quoted are as at 30 June 2007).