Story by: Anya Diaz-Cebreiro, Financial Adviser
Investec Structured Products has improved the terms of Capital Guaranteed FTSE 100 Income plan with immediate effect for new applications and for investors subscribed to the current plan two, which opened on 1 June.
Intermediary firm Global Holdings, has thrown its weight behind a legal challenge being mounted in Luxembourg to recover money caught up in SLS Capital SA - a firm at the centre of Keydata Investment Services troubles.
The Serious Fraud Office (SFO) aims to have made a decision on whether to formally investigate the alleged fraud at Keydata Investment Services within the next four weeks, FTAdviser has learned.
A number of new interested parties have entered the fray to acquire part of the troubled Keydata Investment Services (KIS) business.
Jubilee Financial Products has launched a structured product which claims to optimise the investor entry level during the first three months.
Consumers are potentially being misled about the risks of structured product, according to Which? Money.
The directors of Keydata Investment Services have claimed that they are the victims of fraud after a number of issues with underlying assets were identified by administrators.
The Financial Services Authority (FSA) has confirmed that it is in talks with the Serious Fraud Office (SFO) about potentially missing assets underlying some of Keydata Investment Services suspended fund range.
The administrators of Keydata Investment Services (KIS) have revealed that it will not be possible to sell the company as a whole, following the discovery of 'potential issues' with the suspended fund range.
Independent consumer body says vehicles not always as safe as they could be confusing and costly
With savers concerned about declining interest rates, Legal & General International (Ireland) has joined forces with HSBC to provide a series of structured deposits, to offer customers potentially better returns than are currently available on traditional deposit accounts.
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