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In their paper, the speakers describe “Structured Retail Products, Meeting a genuine customer need or luring savers into gambling with their money?" and highlight that these products are much more complex than the “Tracker Bonds” of the 1990s, and don’t offer the same level of capital protection, yet seem to be targeted at the same risk-averse market. Do consumers understand the inherent risks? Are the marketing materials “fair, clear and not misleading”, as required by regulation? In many cases the speakers think not and they make a number of recommendations aimed at substantially addressing the risk of inappropriate sales of such products.
The speakers' paper can be found here.
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