IFAs slam 'pedantic' HMRC move on structured products


Advisers and product providers have hit out at HMRC's move to challenge the ISAbility of certain kick-out plans.

According to Structured Retail Products.com, there have been 40 kick-outs issued in 2010, 127 in 2009 and 126 in 2008. Kick-out or autocall products provide an early exit if the underlying index or...

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