Structured product wrap readies for launch

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Meteor Asset Management is launching a structured product platform for financial advisers.

SPwrap.com, developed by structured product provider Meteor in association with Lowes Financial Management, aims to provide an RDR-ready, unbiased structured product investment platform. Using SP-Perspective software developed by Lowes, the wrap - set for launch imminently - is designed to give users an overview of clients' structured product portfolios as well as the ability to invest in new products. It also offers a range of adviser fee models, factory gate pricing and an ISA account enabling investors to diversify between products and issuers. "The use of structured products am...

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