ETF concerns grip 80% of advisers - research

In a Skandia survey polling 1,300 advisers during Q2, eight out of ten said they agreed with concerns raised by the Financial Stability Board in its April report. The super-regulator warned of 'disquieting developments' in ETFs, and raised questions about the risks and complexity associated with the products. Its report followed similar concerns from the Financial Policy Committee, Bank of England, Financial Services Authority and most recently the Serious Fraud Office. However the survey suggests advisers have limited experience advising on ETFs. Less than half of respondents (...