Minimum investment amount £5000
The iBC FTSE 100 EW45 Quarterly 75 Memory Income Kick Out July 2026 – MS10652 plan is a maximum 10-years, 3-week investment offering 1.875% quarterly Income potential (7.50%pa)
Important: The closing date for applications by cheque is 02 July 2026 and by bank transfer is 06 July 2026.
The closing date for ISA transfer applications is 22 June 2026.
Product Literature And Forms
You should always read the relevant plan brochure and any other plan documentation, for full details of the plan’s features, including any risks, and the terms and conditions. In addition to the plan brochure and terms and conditions, there are other important documents, including a Key Information Document (‘KID’), that you should consider before deciding to invest in the plan.
If you do not fully understand the risks or are unsure as to the suitability of the investment, please contact us.
How To Invest?
Applications for the Plan must be submitted via Best Price Financial Services and received by 5pm on 06 July 2026 for bank transfer applications.
The closing date for applications by cheque is 02 July 2026
The closing date for ISA transfer applications is 22 June 2026.
This will enable us to process your application and forward it on to the structured product provider.
1. Firstly, print off and complete our Appropriate Assessment Questionnaire. All applications require two proofs of identity – see the questionnaire for more information.
2. Next download, print and complete the application form available. Note that product applications will have multiple documents, so please choose the one relevant to you.
3.Place all completed documents – questionnaire, proofs of identity, application form and cheques for payment – in an envelope and post to:
Best Price Financial Services,The Tythe Barn, 5 Eglwys Nunnydd,
Margam, Neath Port Talbot
SA13 2PS
Further Information
The iBC FTSE 100 EW45 Quarterly 75 Memory Income Kick Out July 2026 – MS10652 plan is a maximum 10-years, 3-week investment offering 1.875% quarterly Income potential (7.50%pa)
Investment Return: The plan starts on the Start Date and is measured quarterly from 8 October 2026. Income equal to 1.875% of the money invested will become payable on each Income Measurement Date where the level of the Index is at or above 75% of its Start Level. This barrier level is called the Income Barrier. Memory Income plans make it possible to recover the Income from any Income Measurement Date where the Income was missed. If the level of the Index is at or above the Income Barrier at a subsequent Income Measurement Date the missed Income payments will become payable alongside the Income triggered at that subsequent Income Measurement Date. In addition to the above, if on any Kick Out Measurement Date from 10 July 2028, the level of the Index is at or above a defined percentage of its Start Level, the plan will end early. This is called a Kick Out and the barrier levels are called the Kick Out Barriers.
Income and Kick Out Barriers:
Income: 75% (measured quarterly)
Kick Out: 105% (Q8-Q11), 100% (Q12-Q40)
Potential Income: 1.875% for each quarter in force (7.50%pa)
Capital Return: Customers will get all their invested money back on a Kick Out; or, at the End Date if the End Level of the Index is at or above 60% of its Start Level. This barrier level is called the Loss Barrier. If the End Level of the Index is below 60% of its Start Level, customers will lose money proportional to the fall in the Index.
About Morgan Stanley & Co International PLC: The underlying financial contracts in this plan are manufactured by an investment bank. Because they are ultimately responsible for any payment obligations such as any money made from the plan and the repayment of invested money, they are considered the Counterparty.
More specifically, the Counterparty to this plan is Morgan Stanley & Co International PLC in its capacity as issuer of the financial contracts.
The financial contracts will be notes linked to the performance of preference shares issued by Sienna Finance UK Limited. This arrangement effectively loans your money to the Counterparty, entitling you to the features of this plan. More information can be found in the Base Prospectus dated 18 December 2025 and any supplements thereto.
What Are The Risks Of The Plan?
As with all forms of investment there are risks involved. These plans do not guarantee to repay the money invested. The potential returns of the plans and repayment of the money invested are dependent the level of the underlying asset(s) or index / indices to which the return is linked and also on the financial stability of the Issuer and Counterparty.
Past performance is not a guide to future performance and may not be repeated. Investment involves risk. The performance data does not take account of the commissions and costs incurred on the issue and redemption of shares. The value of investments and the income from them may go down as well as up and investors may not get back any of the amount originally invested. Because of this, an investor is not certain to make a profit on an investment and may lose money. Exchange rate changes may cause the value of overseas investments to rise or fall.
The promotion of the plans does not constitute ‘advice’ to invest. Advice is always specific to an individual investor’s circumstances and needs, following the process of ‘know your customer’, with the aim of ensuring that any product is suitable for an investor.
As always, the recommendation and common-sense approach is to consider product solutions as a portfolio, never over-exposing oneself to a point of financial pain and suffering liquidity or counterparty over exposure.