Everything has been thought of before, but the problem is to think of it again. Goethe
Section A Likely Developments
So what kind of products can we see in the future One thing certain is that we will see a return to simplicity and some genuine innovations.
Markets demonstrate collective amnesia all too often and reinvent products on a regular basis. As clients get more and more sophisticated and, arguably more importantly, as the tax authorities and regulators keep up with the innovators in the market, there will be a move to genuine-need products that fulfill a real demand rather than the bank salesmans need to generate a bonus.
Reports of the...
