The ongoing lack of innovation demonstrated by structured product providers could lead to stagnating sales volumes within as little as a year.
The Investment Bridge managing director Chris Taylor said there is a sense of "product fatigue" setting in as product providers continue to shun genuine innovation in favour of "strategy toe-dipping." He said: "For a good few years now, there has not been anything that is particularly new that is breaking the mould coming out of the industry. "There are some signs of ever decreasing circles and product fatigue around the current set of providers, who are all issuing products which have roughly the same look and feel. Pricing constraints are also making returns on those products less c...
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