Take up of structured products within the UK is disproportionately low compared with the US and Europe in part because of dogma within the adviser community, according to one investment analyst.
Chris Taylor, from financial consultancy The Investment Bridge, told advisers that the UK's structured products market - at £50bn compared with the world wide market of £1trn - is disproportionately low. He said there are several reasons for this including long-standing dogma held by certain advisers in the sector." Speaking at a Personal Finance Society investment seminar today, Taylor said that the UK differed from many markets in that between 65% and 75% of investment advice is through independent wealth managers and advisers, as opposed to high street banks. He explained that this...
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