Another front has opened up on the FSA's proposals to turn the Sandler suite of simplified products ...
Another front has opened up on the FSA's proposals to turn the Sandler suite of simplified products into reality with the publication of the IMA's response, which says the imposition of a 1% price cap on the industry may make it impossible to provide an adequate level of advice, even where the involvement of advisers is limited. The IMA argues that to drive demand the government must first drive supply in order to ensure low-income earners get the range of products necessary to drive up savings rates. But imposing a 1% price cap on providers will make it difficult to avoid fut...
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