Barclays welcomes Novia's move to host structured products

Novia's move to accommodate structured products marks a tide change in platforms' historic reluctanc...

Novia's move to accommodate structured products marks a tide change in platforms' historic reluctance to offer protected investments, says Barclays Wealth. Director Colin Dickie welcomes Novia's decision as a significant step for structured products in overcoming distribution hurdles on the back of mounting demand from advisers. Barclays has been at the forefront of the campaign for platforms to offer structured products for some time. Although platforms and wraps were built to accommodate funds rather than structured products, Dickie argues structures now conform to many of the process...