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Status: Please note you should read all Brexit changes to the FCA Handbook and BTS alongside the main FCA transitional directions. Where these directions apply the 'standstill', firms have the choice between complying with the pre-IP completion day rules, or the post-IP completion day rules. To see a full list of Handbook modules affected, please see Annex B to the main FCA transitional directions.

linked benefit

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      1. (1) (in COBS 21 29 (Permitted Links)) property-linked benefits or index-linked benefits.29
      1. (2) (other than in COBS 21 29 )29 a benefit payable under a life policy or a regulated collective investment scheme the amount of which is determined by reference to:
        1. (a) the value of the property of any description (whether specified or not); or
        1. (b) fluctuations in the value of any such property; or
        1. (c) income from such property; or
        1. (d) fluctuations in an index of the value of such property.