Structured product investors with investments maturing this month are one group unlikely to suffer capital losses from the recent market volatility, according to comparison site StructuredProductReview.com.
Ian Lowes, founder of Structuredproductsreview.com which lists most products marketed through IFAs over the last 10 years, said none of those maturing in August will result in capital losses, although gains may be wiped out. "The market fall is having an impact on potential returns for maturities but from our initial observations the protections on the contracts mean no plan is maturing at a loss," he said. "This is not a good time to have a structured product maturing as some maturing this month will see gains being wiped out but investors have not suffered losses." Lowes said de...
To continue reading this article...
Join Professional Adviser for free
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes