“This new launch sees us continue with our 0 per cent commission versions on two of our kick-out plans as they proved popular with advisors last time round, confirming our views that many IFA firms are already working with or working towards a fee-based advice model,” said Gary Dale, head of intermediary sales.

“Overall, pricing remains a challenge and as a result we have had to reduce the pay-off profiles on a few of our plans, however the majority of our plans remain unchanged,” he added.

The full collection of plans is available until 17 August. The latest plans are:

Investment

- FTSE 100 Enhanced Kick-Out Plan 30

- FTSE 100 Enhanced Kick-Out Plan 30 (0 per cent commission option) 

- FTSE 100 Geared Returns Plan 35

- FTSE 100 Bonus Income Plan 25

- FTSE 100 Accelerated Growth Plan 35

Defensive growth collection

- FTSE 100 Defensive Kick-Out Plan 

- FTSE 100 Defensive Returns Plan 3