The power of association

An increasing number of industry professionals are hankering after a trade body for structured products, but some think that such a move would simply result in more red tape. Meanwhile, Germany and Finland have set the wheels in motion with their own versions of a trade association. Shamillia Sivathambu reports


The concept of structured products is still relatively new to most people. The different kinds of product and the jargon used to describe them are often lost on many retail investors, says Jim Goddard-Jones, head of Bristol & West's third-party distribution division. In the interest of promoting structured products as an asset class and streamlining the jargon that comes with it, Goddard-Jones advocates establishing a home-grown trade body for the UK. "I have long believed that the industry

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