TISA: questions remain over cash rebate ban
Platforms could see a sharp rise in operating costs if multiple share classes exist for pre- and post- the cash rebate ban, according to the Tax Incentivised Savings Association (TISA).
The CP 12/12 paper displays a much better appreciation of the way the market works, said director of policy Malcolm Small. However, he voiced concern that the paper continues to address the rebate issue...
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