Cautious managed funds should be the basis of all simplified investment "stakeholder" funds, under p...
Cautious managed funds should be the basis of all simplified investment "stakeholder" funds, under proposals released by the UK government for the new range of financial products. Details revealed in the Proposed product specifications for Sandler "stakeholder" products created by both the Treasury of the Department for Work and Pensions, suggest the make-up of funds under the simplified suite should be a maximum of 60% investment in equities and no more than 50% can be invested outside the UK. Restrictions should be placed on the risk diversification of the fund content rather th...
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