Despite outcome, judge says former Investec heads are “decent and highly talented individuals”.
Structured products offered via IFA channels have delivered this year, says review website.
Investment assets under discretionary management at Arbuthnot grew by 32 per cent from the prior year to £565.9m.
Deal follows move of three senior employees between the structured products businesses.
Today’s fines are the first time that the FCA has taken action against both the manufacturer and its distributor.
Mark Neale says scheme will reach settlements with advisers “where it is economically advantageous”.
Analysis & Opinion
Aug 13, 2014
Fund offers pound, dollar and euro investment options
May 29, 2014
Skandia International has launched a second issue of its Investec autocall linked fund that was designed to produce a return of 7 per cent in each...
May 29, 2014
Few things have divided opinion between advisers quite like structured products. While to some they are perceived as simple, effective and useful...
May 28, 2014
Compensation scheme starts to payout to clients of advisory firms who have lost money as a result of their dealings.
May 23, 2014
Major players now launching higher-return dual index products in response to demand, but clients must understand risk.
FTAdviser Blog| May 21, 2014
Impressive average returns in recent years has done little to convince the “hate” camp.
May 20, 2014
Performance data compiled by Investec Structured Products shows returns achieved against savings bonds.
May 14, 2014
Advisers who are quick to label structured products as too complicated should be stripped of their independent title and should consider an early...
Apr 30, 2014
Investors are increasingly willing to include some structured product in their portfolios, Gary Dale has claimed.
Apr 24, 2014
Morgan Stanley has launched its first UK retail structured product linked to both the FTSE 100 and the Euro Stoxx 50 in a dual-index strategy...