View more on these topics

Call to curb structured products

Specialist provider Altus Financial Products believes the FSA should restrict sales of structured products to sophisticated investors.

Altus says the FSA did not go far enough in its guidelines on the sector. Partner and founder Hercules Anastase says: “During 2009, high potential returns were possible from simple FTSE 100 structures. However, with volatility collapsing, the recent rally in equity markets, interest rates at virtually zero and with an improvement in bank credit levels, those returns will not be achievable again in 2010.”

Anastase says this means more complex and sophistic-ated products will be developed with greater inherent risk in order to achieve greater returns.

Gilliat Financial Solutions managing director Adrian Neave says: “Our product design pro-cess coupled with IFAs’ knowledge of their individual clients circumstances is sufficient to ensure that only suitable products find their way in to inves-tors hands.”



UK unemployment falls

The number of people out of work in Britain fell for the first time in 18 months in November, according to the Office for National Statistics.

10 September thumbnail

Johnson Fleming set to hold auto-enrolment support webinar

Two years since the process of auto-enrolment began, the looming re-enrolment deadline provides the perfect opportunity to assess whether the support you have in place, which may well have been hastily selected at the start, is fit for purpose. Johnson Fleming is holding a webinar on 10 September at 11:00 to discover the key issues and concerns you should consider when thinking about your current support options.


News and expert analysis straight to your inbox

Sign up


    Leave a comment


    Why register with Money Marketing ?

    Providing trusted insight for professional advisers.  Since 1985 Money Marketing has helped promote and analyse the financial adviser community in the UK and continues to be the trusted industry brand for independent insight and advice.

    News & analysis delivered directly to your inbox
    Register today to receive our range of news alerts including daily and weekly briefings

    Money Marketing Events
    Be the first to hear about our industry leading conferences, awards, roundtables and more.

    Research and insight
    Take part in and see the results of Money Marketing's flagship investigations into industry trends.

    Have your say
    Only registered users can post comments. As the voice of the adviser community, our content generates robust debate. Sign up today and make your voice heard.

    Register now

    Having problems?

    Contact us on +44 (0)20 7292 3712

    Lines are open Monday to Friday 9:00am -5.00pm