The fund manager is here

6 April 2001 is drawing near and a state of pre-stakeholder fever is currently gripping the UK financial services market. Pension providers, notably the life offices, are busily rolling out new products, GPPs as well as stakeholder, designed to meet the requirements (low charges, transparency, simplicity, flexibility) of the new age. The initial reaction of some of the leading providers to the Government's consultation papers may have been there was no possibility of offering stakeholder with a maximum annual charge of just 1%, but all that has now changed as they prepare to grapple for f...