Investec Structured Products launch new plans
Investec’s latest collection of plans will offer a wide variety of structured risk and return profiles across two product risk categories - deposit and investment, Gary Dale has announced.
Mr Dale, head of intermediary sales at Investec, said the plans were available for investment until 28 September, and had been introduced following increased demand by IFA’s as the implementation of the retail distribution review approached.
The range includes the FTSE 100 Defensive Kick-Out Plan and 0 per cent commission versions of both the FTSE 100 Kick-Out Deposit Plan and the FTSE 100 Enhanced Kick-Out Plan.
He added: “Structured products are really coming of age and we are seeing strong demand for these investments as retail investors and IFAs continue to look at potential opportunities for upside growth, whilst trying to protect their investments from market downswings.
“With equity markets still looking unstable and most cash savings continuing to deliver low interest-rates, investors are looking for alternative asset classes to deliver inflation-beating returns.
“In response to the demand from advisers, we are pleased to continue with our 0 per cent commission versions on two of our kick-out plans. This gives advisers the option to set the commission rate based on the fee they have agreed with their client.
“As the preparation for RDR gains pace, we expect favour towards low commission products to increase and expect that advisers will increasingly offer clients structured products as they seek to give a whole-of-market approach.”