Tuesday, January 29, 2008

ICICI Suggests A ''Lock-It-Down Strategy'' For RSP Investors

ICICI advises in the face of volatile markets that some investors might want to consider locking down their RSPs with an alternative a tax eligible GIC that earns 4.65% interest no matter what the markets are doing. An RSP GIC can be a highly effective retirement product in the face of market volatility. Customers are offered one of the best rates in the market with ICICI''s RSP strategy, and unlike other financial institutions with too many products to choose from, ICICI makes it easy for investors with two clear cut options -the RSP eligible GIC and the RSP Savings Account. The ''Lock-it-Down Strategy'' is suggested for ICICI''s RSP-eligible GICs that allow investors to add a set amount of money to their retirement plan and receive 4.65% interest. With this strategy, customers are reaping the benefits of attractive rates, guaranteed return, and minimal investment for maximum security.

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