Abbey National Group's response to the Sandler Review is to seek more answers to more questions thro...
Abbey National Group's response to the Sandler Review is to seek more answers to more questions thrown up by his recommendations on savings products and the future rule of independent distributors and advisers of financial products. Abbey says it sees the UK's banks taking on a bigger role as a result of the recommendations, but not before a number of issues are clarified through further consultation. The possibility of commissions and the definition of "independent" outlined in yesterday's report in relation to the future role of IFAs in particular need to be determined, Abbe...
To continue reading this article...
Join Professional Adviser for free
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes