Following the launch of the Nuffield Health mini-bond, Adrian Lowcock of Hargreaves Lansdown explains why he is less than comfortable with these products.
I have a bit of an issue with these retail or mini-bonds being launched. There seems to be a growing trend around these types of bonds with the Jockey Club Racecourse also recently launching one and advertising it all over. I thought I'd mention a few concerns we have over such products:- - Retail bonds - While they are termed retail bonds, the term covers both listed and unlisted bonds and I do not think unlisted investments are appropriate for the majority of retail investors. Some of the key aspects of an investment which might be suitable for retail investors is the investment offers...
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