Harmonising the government's benefits systems with the aims of the savings regime should make it pos...
Harmonising the government's benefits systems with the aims of the savings regime should make it possible for the industry to distribute simpler products to lower earners, suggests Royal London. Produced as a group response to the FSA's DP19 - Options for Regulating the Sale of Simplified Investment Products – on behalf of Scottish Life, Bright Grey, Scottish Life International and Royal London Asset Management, Royal London says bridging the gap between the benefits system, which is seen to disincentivize saving, and the long-term protection market might help all parties concerned. ...
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