Jubilee Financial Products (JFP) is rolling out a UK-wide structured products training scheme for IFAs.
A series of 1 hour seminars will cover issues such as: what is a structured product; its component parts; the factors affecting pricing of the component parts; the risk per part and the impact of intra-day pricing and indices. There will also be a heavy focus on counterparty risk and how financial strength is assessed. The move to offer the programme nationwide follows a pilot of seven firms. This was launched in response to the FSA's report, Quality of advice on structured investment products', which identified high levels of unsuitable advice in the sector. JFP senior partner, I...
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