As BaFin’s turbo restrictions loom, the BSW chief outlines the association’s push for greater clarity on costs, risks and the true value of structured products.
Following the recent product intervention order by BaFin restricting the marketing, distribution and sale of turbo certificates to retail investors in Germany, SRP spoke with Christian Vollmuth ( pictured ), CEO and member of the board of the Bundesverband für strukturierte Wertpapiere (BSW), to discuss the regulatory update and the association’s key priorities. We would like structured investment products to play a role in retirement planning - Christian Vollmuth Refl