From Keydata to Reyker: Clients continue to pay the price

Keydata structured products have been among the best performing products which matured in the year. The most impressive example, the Barclays Bank backed, FTSE 100 linked, Keydata Dynamic Growth Plan Plus 14 (Option 2) matured with a 103.5% gain at the end of its six-year term. The fact that this was net of all adviser fees because 3% commission came out of the original investment makes it even more impressive. Like most investments, the terms of structured products no longer include any adviser commission but they have always factored in all other administration and custody costs ...