By Yang Huiwen

Disgruntled investors who lost large sums of money in the structured notes debacle are questioning why they cannot be extended the kind of 'goodwill' which was given to investors of GreatLink Choice (GLC) investment-linked insurance products.

Many are also hoping that the proactive stance taken by insurer Great Eastern Life, which sold the GLC products, would lead to similar compensation from financial institutions that sold structured investment products which have gone awry.

Great Eastern is offering to buy back - at full value - all 594 million units of its GLC products it sold to policyholders, a move which will cost the insurer $250 million.

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