Ian Lowes: It's time to stop linking Keydata and structured products

The Keydata debacle once again reared its head this month, offering a timely reminder of the dangers of what can happen if investment products are not well enough understood. The incident, which lost investors more than £400m, saw holders of the products exposed to life settlement policy-based investment products. These were underpinned by investments in bonds issued by Luxembourg vehicles SLS Capital and Lifemark. The appeal of the products initially was such that from December 2005 to June 2009, more than 37,000 people invested more than £475m. In the Lifemark bonds alone, more than...