Tax Changes Threaten Structured Products Sales Growth

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Tax Changes Threaten Structured Products Sales Growth

Confusion over the tax treatment of individual savings accounts may damage sales of structured products, warned conference speakers.

Confusion over the tax treatment of individual savings accounts may damage sales of structured products, warned conference speakers. In the U.K., substantial investment in structured products comes through ISAs, but the tax-free benefits of ISAs are due to end in 2009. This raises concerns the tax treatment of products issued under the old regime may not apply if they expire after 2009.

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