First Active launches investment bond

First Active has launched a property and equity investment bond with full capital guarantee and no upper limit on return.

The minimum investment is €2,000 for Irish residents, or €6,500 for non-residents. The bond, which matures in October 2010, is available until March 31, or earlier if fully subscribed.

The minimum return is 7 per cent gross or 1.24 per cent CAR (compound annual rate).

Pensions Board prosecutes trustee

The Pensions Board last ...