Key to stakeholder suite is deciding liability, says AIFA

Priority for the development of Sandler's proposed stakeholder products must be on deciding how liability is ring-fenced, said Lord Hunt in one of his final public speeches for the Association of IFAs. Speaking at a Treasury seminar held in London on Wednesday, Lord Hunt, chairman of the AIFA said responsibility for sale and advice of the stakeholder suite needs to be affirmed, should things go wrong, before products are created, otherwise the industry may be unwilling to get involved in their development. "Advice is much the same as many other things in life - the quality of the...