A study suggesting investors are being misled on the returns they can expect from structured deposits has sparked a new dispute over the products' merits.
A report by consumer group Which?, published earlier this month, suggested few products achieve the maximum projected returns, while most return the minimum. The group's principal policy adviser concluded structured deposits "deliberately blur the lines between saving and investing", often giving customers the impression they are "likely to do better than they actually are". But the UK Structured Product Association (UKSPA) has condemned the report as "flawed" and suggested it unjustly harms the public's perception of the products. In an open letter to Which?, UKSPA chairman Jamie ...
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