Around 30% of financial services firms believe there will never be significant demand for Sandler's ...
Around 30% of financial services firms believe there will never be significant demand for Sandler's stakeholder suite of products, the draft rules for which will be issued in January. In January the draft rules following CP121 on the dismantling of polarisation are to be released by the regulator for consultation, but a Bank of New York survey of product providers indicates there is far from universal support for the planned range of stakeholder products. The suite, which includes a pension, a managed fund and a more transparent with-profits fund, was proposed by Ron Sandler as a way...
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