Terms on a lot of plans had become unreasonably bullish and capital protection which ended if the market dropped more than 20% (as some plans offered) saw money lost as indices plummeted through those ceilings.
But lessons have been learned and perhaps it is time to look again at the market, as plans can offer attractive yields with a good amount of capital protection in such a low interest rate environment.
Here Marc Chamberlain, Executive Director at Morgan Stanley, reveals the five key factors that could prompt advisers to revisit the market post-RDR.
