UKSPA launches structured product classification system

UK trade body for the structured products industry issues code-based guide designed to help retail investors and IFAs categorise and compare different product structures

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Zak de Mariveles, UK Structured Products Association

The UK Structured Products Association (UKSPA) has introduced a standardised system of product codes to help identify product structures. The reference guide, which is aimed at retail investors and independent financial advisers (IFAs), aims to cut through the terminology used by different distributors to allow a transparent comparison of competing structured products.

The main variables identified by the trade body's guidelines are whether a product offers capital protection and whether it is a

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