The 1% price ceiling for Sandler's suite of stakeholder products will not work as it will not attrac...
The 1% price ceiling for Sandler's suite of stakeholder products will not work as it will not attract providers to offer products, says the Investment Management Association in response to the Treasury's consultation document on simplified products. The government's paper Proposed product specifications for Sandler "stakeholder" products , which was released today, has opened for debate the issue of a 1% price cap on simplified products. The IMA is urging the Government not to impose this price ceiling for charges. The IMA says that the scheme will only be completely successfu...
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