Raising Standards with-profits moves are "expensive but attractive"

Professional Adviser
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Raising Standards, the new system for guaranteeing quality of advice in the with-profits market adhe...

Raising Standards, the new system for guaranteeing quality of advice in the with-profits market adhered to by members of the Association of British Insurers, is more than enough to meet the FSA's concerns with the sector, the association has said. The project answers criticisms outlined by the FSA and in the Sandler Review, the ABI adds, and has already attracted nine providers representing more than 50% of the with profits market. A spokeswoman for the association says the fact such a proportion of with-profits providers have already agreed to the standards, which are expensi...

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