IDAD's Moore backs income in SP arena

According to Moore, the current turbulent market environment is ideal for launching capital-at-risk products, where higher income is guaranteed but capital protection is not. Market volatility means that put options can be sold at a higher price, generating more money to spend on income-yielding assets and raising income levels accordingly. Controversy surrounded structured capital at risk products (SCARPs) around three years ago, when a period of inadequate sales advice was followed by substantial losses for customers investing in such products. Consequently, several firms were fi...