A contribution charge would provide "the only fair and practical solution" to funding personal accounts, says the ABI.
In a speech on implementing personal accounts today, Maggie Craig, director of life and savings at the ABI, recommended a contribution charge in addition to an annual management charge (AMC). She says:...
Helped with rebrand
PFS conference 2019
Failure to engage
Ahead of 12 December general election
Tapered annual allowance headache
Lost to Labour's Mick Whitley
Landslide win for Tories