Societe Generale website
Societe Generale has launched a new range of investment products aimed exclusively at financial advisers.
The range, in association with Walker Crips Structured Investments and titled ‘UK Four’ aims to help investors spread and diversify their credit risk and exceed investment risk and reward expectations.
The products are focused on a six-year growth period with investment risk diversified across Barclays, Lloyds TSB, Royal Bank of Scotland and Aviva.
The three products are SG UK Kick-Out Plan, SG UK Step Down Kick-Out Plan and the SG UK & US Step Down Kick-Out Plan.
The first product aims to pay out a gross return equivalent to 10 per cent per annum, the second aims to pay out 7.5 per cent and the final product aims to pay out 9.25 per cent.
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The firm said that post-RDR more financial advisers were advising their clients on risk and helping them to manage and assess risk.
Research by the firm found that investors felt safer with investments that could spread counterparty risk even if that meant they would receive a potential lower return. They also recognised that spreading risk was a common strategy used by financial advisers.
Zak de Mariveles, managing director of UK IFA sales, Societe Generale, said: “The research clearly shows that counterparty risk remains a key consideration for UK retail investors and that investment products that are able to diversify credit exposure across multiple institutions are seen as an attractive proposition.
“The UK Four products not only aim to meet the diversification needs of investors, but also provide the potential to significantly exceed investors’ expectations on returns."
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