Verbatim to enter UK retail SP market with deposit range
Verbatim Asset Management, the investment arm of the SimplyBiz Group, is gearing up to enter the UK retail structured products market with a range of structured deposits. The new range which will feature a growth deposit linked to Verbatim’s risk managed active funds and an income version offering a guaranteed income whilst aiming for a high yield, will be available to accredited advisers from February 16. The products will be available for use within a Sipp, Nisa and Isa.
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