StructuredProductReview.com has now over 8,000 users since its launch 3.5 years ago, reflecting the increased interest and use of structured products by financial advisers and their need for independent and comprehensive research tools and materials.
The structured product research portal is designed to ensure advisers can quickly identify the products that match their clients’ needs and risk profiles, with functionality including side-by-side comparisons and the ability to annotate against selected products for suitability purposes.
Thomas Hughes, operations manager at StructuredProductReview.com believes this growth is due to three main drivers. Under the Retail Distribution Review, independent financial advisers must have ‘sufficient knowledge” of all products that may be suitable for an investor’s portfolio.
He also believes that once advisers have taken the time to research and understand structured products, they find that they are products that can be used to good effect alongside other investment options.
Mr Hughes also said the increasing recognition that structured products are continually delivering successful long term returns for investors as another reason for the structured products’ portal popularity.
He said: “As a comprehensive and highly effective research service for retail structured products in the UK market, StructuredProductReview.com has been popular since launch with financial advisers.
“To have more than 8,000 individual financial services professionals registered to use the service, in just over three years, very clearly shows the need in the market that the service is fulfilling, and reflects the fact that structured products have steadily but surely gained an increasing support base in the advisory community.”