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linked benefit

29
  1. (1) (in COB 6.14 (Permitted Links)) property-linked benefits or index-linked benefits.29
  2. (2) (other than in COB 6.14 )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
    2. (b) fluctuations in the value of any such property; or
    3. (c) income from such property; or
    4. (d) fluctuations in an index of the value of such property.