SANDLER SUITE 7 *** Low earners still the target group

People on low to medium incomes are STILL the target group for "Sandler" suite of stakeholder products, the government says. This comes as the government - in its 42-page long response to the consultation on Sandler stakeholder products published today - outlines that it will set the product specifications in order to appeal to those on lower incomes. But the government is not closing the door for other income groups. While stating that this products are for those "who are currently priced out of the market for retail savings advice", the government recognises that thes...