The ABI wants to see bid/offer spreads scrapped by its members, including their unit trust subsidiar...
The ABI wants to see bid/offer spreads scrapped by its members, including their unit trust subsidiaries, as part of its plans to improve the image of the life industry. After consultation with life offices, intermediaries and other trade bodies, including Autif, the ABI has released an updated version of its proposals. These are part of the Savings and Long Term Risk (SALTR) project, first revealed by Investment Week last year. Scottish Amicable's chief executive Roy Nicholson, a member of the industry standards group which is driving SALTR forward, said many groups were already moving to...
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