London-based Investec Structured Products is extending its collateralisation option on two more structured investment plans.

The option is now available on the FTSE 100 Geared Returns Plan 24 and the FTSE 100 Bonus Income Plan 14 and continues to be available on the FTSE 100 Enhanced Kick-Out Plan 19 and the Gilt Backed Growth Plan 23. Collateralisation is intended to offer advisors the potential to diversify counterparty risk more efficiently, potentially giving clients an additional element of security on their investments.

Advisors can diversify their clients’ investments across five UK banks: HSBC, Barclays, Santander UK, RBS and Lloyds TSB, while on the Gilt Backed Growth Plan 23 the collateral will be provided by a portfolio of UK gilts.