IDAD has joined forces with the Federation of European IFAs to help improve adviser knowledge of structured products.
Feifa chief executive Paul Stanfied commented: “It is my personal belief that the plethora of very poor structured products in the international marketplace in recent years has led to the under-use of good-quality products, which can be valid and valuable elements of client portfolios.
“One area where we are keen to work with IDAD is in providing high-quality professional development and training sessions for our members, highlighting the risks in such products and the key aspects for advisers to look for and analyse.”
Clearly-defined returns
Clive Moore, managing director of IDAD, added: “Offering pre-defined outcomes, structured products are seen by many advisers as a valuable financial planning tool.
“In conjunction with other investments, the clearly-defined returns and capital protection from such vehicles can be used to construct investment portfolios that manager risk and provide for asset diversification.”
The relationship with Feifa members will be headed up by Debbie Reynolds at IDAD.
“Our regular training and support to Feifa businesses, both remotely and in person, will cover general investment themes as well as specifically looking at model portfolios and structured products,” she said.
“The international structured products sector has seen some poor behaviour over the last 10 years, throughout which IDAD has maintained its high standards of integrity.”
