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Jargon Buster - T

Taxation Risk

How returns from a structured product are expected to be taxed depends on the terms of each individual product, and will be described in the product Brochure. However, changes to taxation may come into force at any time during the term, and these changes could impact the expected tax treatment of a product. The risk that tax legislation changes and impacts the returns you receive from a product is called ‘Taxation Risk’.


The lifespan of a structured product (from its Start Date to its End Date).

We've put together a glossary of terminology associated with structured products.

While these are standard definitions, it's important that you read the relevant product literature before investing, as providers might use a slightly different definition to those detailed here.

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Representing the collective interests of leading structured product manufacturers in the UK

The UK Structured Products Association ('UKSPA') is a membership organisation established by the leading manufacturers of structured products in the UK. UKSPA provides a unified voice for its members, working with regulators, financial advisers and other trade bodies. It serves a number of important functions, including engaging with regulators, developing best practice guidelines, educating the investment community and providing a useful source of information for manufacturers, financial advisers and retail investors within the UK.

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