A study carried out before the collapse of structured products plan manager Keydata found advisers consider the investments the best option for income seekers in today's market.
Almost 30% of respondents to the Virgin Money survey selected SPs as their first choice for cautious investors looking for income from a lump sum over five years. Just over two tenths opted for corporate bonds, while another 15% selected bank and building society accounts, the Virgin Money Investor Intentions' Index concludes. Traditional UK income funds were chosen by just 9% of advisers with investment bonds the most popular for 11%. "Structured products are seen as the best bet for income despite the Lehman Brothers disaster last year and concerns over investors' cash," Virgin Mone...
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