Eurozone crisis could hit structured products
Martin Bamford, managing director of Informed Choice and a chartered financial planner, warned: “The eurozone crisis could trigger further bank collapses which could undermine the backing of some structured products in the UK. The trouble is, it is close to impossible to understand where the financial protection actually rests with a structured product.”
The other advisers quoted in the article, Tim Cockerill from Ashcourt Rowan and Robert Lockie from Bloomsbury Financial Planning, shared similar views about the risk of using a structured investment product.
You can read the article in full here.