UK distributor debuts ‘decrement’ FTSE play

Mariana UFP and Lowes Structured Investment Centre have launched the 10:10 Income & Growth Plan, a new structure providing quarterly income payments and early maturity after three years. The new Mariana 10:10 Plan FTSE CSDI, which introduces for the first time the FTSE Custom 100 Synthetic 3.5% Fixed Dividend Index to UK retail investors, will pay 0.75% for each quarterly observation date that the FTSE CSDI is above 70% of its level on the strike date.  The 10-year product also i