THE £650bn unit-linked insurance sector will have a broader remit to invest in alternative assets including property, under FSA proposals published today.
Under the new Permitted Links rules, the current limit of 10pc invested in unlisted securities would be removed. However, the FSA said a firm would not have an unlimited opportunity to invest in unlisted...
Two global vehicles
'Further plug advice gap'
Must appoint separate CEOs and boards
Advisers do come out well
Will report to Mark Till