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In the past year we have seen a myriad of property funds, bond vehicles using derivatives to boost r...

In the past year we have seen a myriad of property funds, bond vehicles using derivatives to boost returns and the emergence of apparent absolute return equity funds. Yet, in many cases there seems to be scant regard for whether these products will make money or fit the needs of the people they are marketed to. The FSA has felt the need to step in with its new proposals for treating customers fairly, which come into force in September. In these proposals, it has warned that the marketing spin around products will have to be replaced by a clear and simple explanation of what the customer is ...