CURRENT market volatility is likely to increase the popularity of structured products with IFAs, according to Investment Design and Distribution's (IDaD's) Clive Moore.
The managing director says, although the popularity of structured products with advisers has fallen in recent years, IDaD's confidence is so high it is launching a product of its own this year. Moore attributes the unpopularity of structured products to the misconception that they are complicated, resulting in many advisers avoiding them as they are not easy to promote. As a result, it is left to bank-affiliated groups and specialist providers to offer structured products. “Structured products sold well 5-10 years ago when interest rates were low, as they offered a good income. But th...
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