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UK sees sharp rise in structured product complaints

Complaints about structured products were up by more than 1,500 in 2012 compared to the previous two years

paul-stanfield

Figures published by the UK Financial Conduct Authority (FCA) show that 4,486 complaints were made about structured products last year, compared to 2,911 in 2011 and 2,950 in 2010.

Although the FCA data does not reveal at what stage in the products' terms the complaints were made, the increase could be the result of a rise in the number of products sold. The number of retail structured products

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