‘Overconfident' and ‘nervous' investors are unsuitable candidates to be investing in structured products, according to new research.
Royal Bank of Scotland (RBS) has pulled out of the retail structured product market due to high capital costs.
Morgan Stanley has launched a structured product, the Morgan Stanley UK Giants Selector Plan 2.
Meteor Asset Management is launching two products to add to its structured product range.
RSM Tenon has been reimbursed £5.5m following the settlement of a dispute with its professional indemnity (PI) insurers over who should pay for costs arising from its Financial Services Authority (FSA) fine in 2010.
Legal & General (L&G) has launched the 20th product in its ‘Growth Deposit Bond' series.
The custodian of ex-Merchant Capital structured products, Reyker Securities, has said it will levy charges on about 12,000 people invested in the schemes.
Savers will lose out if structured products continue to be "tarred with the one brush", according to financial adviser Ian Lowes.