New rules open market to limited funds and guarantees

Unit trust and OEIC regulations have been updated by the FSA to allow a new form of lower risk "limited issue" and "guaranteed" products. Several changes have been made to open the range of products available in the market, and could tie in with the government's drive to introduce stakeholder suite investment products, as proposed by Ron Sandler. Protecting investors' assets against market falls seems to be the main element of these changes to collective investment schemes regulation, however, the range of funds that qualify for an EU passport has also been extended to include hig...