Tempo unveils Issue 14 of its product suite
Once again, we are splitting details of a product suite launch from a provider into separate emails, because the new launch from Tempo, unveiled today, deserves special attention.
Before we tell you more about the Tempo plans, however, some general points regarding Structured Products…
Why consider structured products at this time …
Obviously, many professional advisers are currently thinking long and hard about portfolio construction options for their clients, given the more challenging economic and investment environment.
The global bond market is clearly signaling that we could be in an ‘everything lower and slower for longer’ environment (low inflation, low interest rates, low economic growth and low returns).
And understandably, many investors may currently be feeling like they are ‘caught between rocks and hard places’, in the search for viable future returns, with attractive risk / return profiles.
The USPs of structured products (including their ability to generate positive returns without requiring stock markets to rise, with defined levels of protection if stock markets fall, all based on legally binding contracts) are significant and important, particularly at this time.
And the comprehensive and granular facts about UK retail structured products performance evidence their virtues and merits, and the efficacy of including them in diversified and balanced portfolios.
With these and other points in mind, Tempo’s product suite really stands out within the sector, for many reasons.
Tempo: Standing apart from other plan managers, for all the right reasons …
Tempo’s focus is on ‘deliberately defensive’ products, designed to increase the likelihood of positive returns being generated, and to decrease the likelihood of capital losses being experienced. Sounds eminently sensible to us … especially at this time … hopefully to you too!
What does this mean in practice?
Tempo’s end of term barrier levels for the Long Kick-Out Plan and Long Growth & Kick-Out Plan are set at 40%, allowing a 60% fall, while the level for the Long Income Plan is set at 50%, allowing a 50% fall. This is deeper than any other provider is offering.
In addition, all of Tempo’s plans are designed so that they can generate at least some, if not all, of their potential returns without requiring the stock market index to rise, with some of the options offering exceptionally defensive conditions, which allow the stock market index to fall significantly while still being able to generate positive returns for investors.
And we love Tempo’s ‘Stated terms or better’ pledge, which allows Tempo to increase the terms of their plans above the terms stated in their brochures, if the stock market and other factors during an offer period mean that they can do so. And, boy, can this feature add value!
In Issue 12, Tempo retrospectively increased the terms of Option 3 of the Long Kick-Out Plan from the 13.1% p.a. stated in the brochure, to an incredible 20.4% p.a. And Option 2 of the Long Growth Accelerator Plan (now called the Long Growth & Kick-Out Plan), which was ‘supposed’ to offer an already incredible 107.5% at year 5, was increased to an eye watering and truly exceptional 175%, i.e. 35% p.a.! (Yes, you did read that correctly!).
Details for each of the Tempo plans will follow …
So, three separate emails will follow, providing details for each of the Tempo plans.
As always, please see the full plan literature for full details of these plans and the features, terms and conditions, including the risks.
Tempo’s products can only be accessed with advice
Demand for Tempo’s plans has been very high recently, resulting in some of our clients missing out on the initial terms on offer, despite moving quickly!
If you are interested to invest in any of the Tempo plans in Issue 14 we would certainly suggest early contact, in order to try to ensure availability and access.
Please contact us to discuss any aspect of these products.
Best Regards.
Best Price FS Team
NB: The promotion of the plans does not constitute ‘advice’ to invest. Advice is always specific to an individual investor’s circumstances and needs, following the process of ‘know your customer’, with the aim of ensuring that any product is suitable for an investor. |