About sisadmin

Author Archive | sisadmin

Regulator calls for a fresh approach to rising red tape

Andrew Haldane who sits on the Financial Policy Committee and is the Executive Director for Financial Stability at the Bank of England has called for the simplification of the rule book, starting afresh. With a strategic review rather than the historic piece-meal approach that has generated a “steadily rising tide of red tape”. Structured investment […]

Read full story Comments are closed

Where to put your structuring teams?

One of the challenges that any financial institution faces is finding the best place in the organisation to locate the retail structured investments team. The position of the team is important because it can help to maximise sales, manage costs, mitigate risks and better meet clients needs. If your company has it’s risk management, product […]

Read full story Comments are closed

What to do with the legacy book?

Over the last few years, the number of structured solution providers has reduced as banks, building societies and brokers pull back from the market. As a result there are a number of legacy books of business that will need to be serviced by those firms no longer offering structured products. Over the last few years, providers […]

Read full story Comments are closed

Where was the risk warning and the level playing field?

It has been interesting to listen to the debate about gift cards offered by retailers. Some people seem to view them as a valid alternative to and safer medium by post than cash. Yet recent events have highlighted that card holders are dependent on the issuer to honour their obligations rather than the Bank of […]

Read full story Comments are closed

Hope for the new year

Happy New Year Last year was probably the most challenging year for structured products in Europe for a long time. According to www.structuredretailproducts.com, sales across the Continent  fell by a third as compared with the 2011. The same story is true for the investment industry as a whole as providers and distributors prepare for new regulations […]

Read full story Comments are closed

Challenging year, time for the important things!

This has probably been the most challenging year for structured products in Europe for a number of years. According to www.structuredretailproducts.com, sales across the Continent have fallen by a third since last year. This pattern has been repeated in the UK where new reported volumes have fallen back to just over £6 billion. The last time […]

Read full story Comments are closed

Taxing times for all!

At a recent structured products conference I spoke at, John Redwood, the former Conservative Government minister who was speaking about ETFs, expressed surprise at how much attendees talked about tax! I was not surprised, it makes perfect sense that products designed to meet the needs of private investors should take into account tax. Some individuals […]

Read full story Comments are closed

Open Ended Funds, Open Goal?

Traditional funds in the UK tend to be open ended and yet they form a minority of structured investments, which usually have a fixed term. Given that many wealth managers are comfortable with open ended products, platforms find them easier to accommodate and the regulations can be more flexible, is the structured investments industry missing […]

Read full story Comments are closed

Are platforms ready to meet client needs under RDR?

As we approach the birth of RDR, independent advisers are preparing for a world where they will be required to offer a wide universe of solutions for their clients including structured investments.. I read with interest Defaqto’s recently published white paper called “Inside Structured Products”. Defaqto worked closely on the study with Investec and it […]

Read full story Comments are closed

Beware of steep slopes: The return of structures with leveraged downside.

A lot of water has passed under the bridge since the “Precipice Bond” scandal of nearly a decade ago and the UK structured investments industry has moved on. However, structures with leveraged downside have begun to creep back into overseas markets! http://www.structuredretailproducts.com/blog-story/15513/beware-of-steep-slopes-the-return-of-structures-with-leveraged-downside

Read full story Comments are closed