Analysis: Getting more for your money in the era of zero returns

Explaining the difference between a regulated and an unregulated investment is not so difficult. A regulated investment is one which is regulated by the Central Bank, which acts as a policing body for clients who are sold investments by banks, insurance brokers and their intermediaries. Regulated investments essentially provide the investor with an additional layer of protection.

For example, an elderly person sold an unsuitable high-risk investment, where the money is locked in for 10 years, can reach out for recourse under the Investor Compensation Scheme, and also from the Financial Services and Pensions Ombudsman. Investors in unregulated products are not covered by either.