By James Thorneley The AITC is planning to launch an industry-owned fund supermarket that will inclu...
By James Thorneley The AITC is planning to launch an industry-owned fund supermarket that will include unit trusts and pension products as well as investment trusts. Daniel Godfrey, director general of the AITC, has issued proposals for the establishment of generic products to be created specifically for the supermarket and for it to be financed by the 'its' campaign. He said marketing support for the products would need to be maintained for the foreseeable future after they were launched, while the its campaign has only two years more to run. This may mean the option to opt out of the...
To continue reading this article...
Join Professional Adviser for free
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes