ABI applauds talk on price cap rethink - Sandler products part 6

The Government's decision to reconsider the 1% price cap on simplified products shows that the government is willing to listen, says the ABI in response to the release today of the Treasury consultation document on Sandler's products. The ABI says that the Treasury's discussion paper, Proposed product specifications for Sandler "stakeholder" products has opened the doors to a new and realistic partnership between the government and savings industry. The ABI has welcomed the Government's proposal to open up the question of price capping for debate and the initiative to commissi...