Interesting article in Sunday Times Money (4.3.12) by Niall Brady (p11) about Exempt Unit Trusts.
I'm unable to post the article or link to it but he says;
"...few clients are able to spot the joins between regulated pensions and the unregulated EUT's where their money ends up"
In his article he points out that investors money is put a risk due to a gap in regulation and the investor is unlikely to know this.
My question is, how does an investor find out if their investments are in EUT's ?
Do you have to ask every investment provider?
Also am I correct in assuming that only pensions are exposed to investments in EUT's and not individuals who invest in their own name?
I'm unable to post the article or link to it but he says;
"...few clients are able to spot the joins between regulated pensions and the unregulated EUT's where their money ends up"
In his article he points out that investors money is put a risk due to a gap in regulation and the investor is unlikely to know this.
My question is, how does an investor find out if their investments are in EUT's ?
Do you have to ask every investment provider?
Also am I correct in assuming that only pensions are exposed to investments in EUT's and not individuals who invest in their own name?