Consumers looking for quality guarantees - ABI

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The Association of British Insurers' latest survey on the need among consumers for improved informat...

The Association of British Insurers' latest survey on the need among consumers for improved information about financial products has found continued strong demand for better quality. About a third of the 2,200 respondents said that pensions benefitted from a quality mark, compared to about one-in-ten who said that investments and mortgages would similarly benefit. However, the association also says that its survey did not differentiate between a regulated and un-regulated quality mark scheme. The ABI's Raising Standards initiative has achieved a significant market share...

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