L&G covers all the angles

structured products

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legal & general has suggested ground rules for investor advice on structured PRoducts

Legal & General suggests intermediaries should look at a structured product from at least five angles before recommending it to a client. At a time when ever more plans are coming to market, the group's retail investments sales and development director, Trevor Cheal, said it was vital advisers understood exactly what was on offer. Cheal, who has nine years' experience developing such vehicles at Legal & General, outlined five areas to focus on: underlying structure, index, term of product, client protection and wrapper. Speaking to an intermediary audience at Investment Week's Structured...

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