This highlights, according to Richard Harry, director at Best Price Independent Financial Advisers, that due care and consideration needs to be given before selecting a specific structured product provider.
“As with all investments, especially related to active funds, we don’t think that all structured product providers and plans pass muster," he adds.
"We look to identify the providers and plans which we can scrutinise fully and feel are the strongest propositions, most importantly looking carefully at the financial and operational strength of the plan manager, including wanting details of their internal process, as well as their support and focus of development of education for advisers and investors.
"This is in addition to ensuring the more obvious area of research, such as the consideration of counterparty and market risk.”
