Stewart Ritchie recaps the areas of stakeholder still under debate before the release of the Governm...
Stewart Ritchie recaps the areas of stakeholder still under debate before the release of the Government's series of consultation papers Cat stands for costs, access and terms. The expression derives from Isas but with Isas the Cat standard is voluntary. With stakeholder, however, if your scheme does not meet the Cat standard it cannot be called a stakeholder. There are three key issues for resolution. First, what should the cap on charges be? The Pensions Green Paper makes it clear only one charge will be applied for basic stakeholder membership. An understandable view from the Government...
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