I have often wondered how many people would pass by someone standing in Oxford Street with a sign sa...
I have often wondered how many people would pass by someone standing in Oxford Street with a sign saying '£10 notes exchanged for £5 notes'. I suspect most would do so, until a queue formed, at which point the queue would grow rapidly. What has this got to do with financial products? Quite a lot. Many of the best, innovative investment products take a considerable time to be accepted by both the public and financial advisers. Perhaps one of the best examples of this was the BES Contracted Exit schemes of the early 1990s. Offering 25% return tax free over six months was a holy grail produc...
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