Mis-selling cloud hangs over success of life settlement funds

clock

The corporate bond and life settlements markets have been the two big winners in the last 12 months in terms of attracting fund flows from advisers and their clients.

It doesn't take a detailed knowledge of investment markets to understand why this is so - the search for income. With interest rates currently at 0.5% the average retail investor relying on his or her savings for income is not exactly spoilt for choice when it comes to finding reliable forms of income. So the perceived reliability of the income stream from corporate bonds means advisers have a compelling 'tool' in their advice kit. Despite widespread rumblings of 'mis-selling' around corporate bond funds, to date nothing has emerged which is a good indicator that advisers have on t...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Investment

PA360: 'Diversified approach has room for both active and passive' - David Coombs

PA360: 'Diversified approach has room for both active and passive' - David Coombs

‘Volatility is your friend if you are a long-term investor’

Jenna Brown
clock 01 May 2025 • 2 min read
PA360: FOMO can 'significantly' alter investors' risk appetite

PA360: FOMO can 'significantly' alter investors' risk appetite

Albemarle Street Partners’ Charlie Parker on the social element of investing

Isabel Baxter
clock 01 May 2025 • 1 min read
PA360: Investors must understand importance of 'proper diversification'

PA360: Investors must understand importance of 'proper diversification'

‘Investors don’t have to choose a single door’

Sahar Nazir
clock 01 May 2025 • 1 min read