BT launches capital protection for retirees

Wrap Capital Protect was designed to address a client demand for retirement products that preserve capital when markets fall but still provide an opportunity for growth.

The new product allows clients a known minimum outcome as well as the flexibility to make withdrawals or switch off the protection at any point.

Wrap Capital Protect is available on over 80 existing managed funds on BT’s Wrap, Wrap Essentials, Super Wrap and Super Wrap Essentials platforms.