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ABI sets May deadline for industry responses to report

The ABI is calling for responses to its report by May 31, the week before fee menus bec-ome mandatory across the financial services sector.

If there is a big response to the consultation, the ABI is planning to a series of workshops with key stakeholder groups over the summer.

It expects to set the results before the Financial Services Forum, which is being established by Treasury select committee chairman John McFall, MP, to troubleshoot issues in the sector. The ABI expects issues raised at the forum to lead to further research.

It is planning to conduct further research on individual issues raised by the research, including further mystery shopping, and will make a final report by the end of the year.

Cicero Consulting director Iain Anderson says: “I think that a swifter industry response is required rather than waiting three months or so. Providers and advisers presenting a swift and united front to the ABI would be better coming sooner rather than later.”


Free tax advice for Welsh local businesses

Free tax advice for local businesses will be available by Customs and Excise and the Inland Revenue at an open day sponsored by the Welsh Assembly. Thursday February 24 sees a selection of public and private sector organisations congregating at the Welsh Conference Centre in Llandudno, at the latest in a series of open days […]

Julian Gibbs

Keydata has introduced another innovative product which will have great appeal to income investors.

Correspondent’s view

Alison BoneAh, Correspondent’s Week. As the former MM Diary editor who will doubtless be looked up to for many years to come, I know the difficulty of getting some-one to agree to write the darned thing. So it is entirely out of the goodness of my heart that I agree to do it this week […]

Japan: mid-year review and outlook

By Chris Taylor, Manager of the Neptune Japan Opportunities Fund H1 2014 Economy: after a harsh winter that slowed activity in the economy, the main event of the first half of the year has been the debate over what impact the 1 April VAT hike from five to eight per cent would have; we are […]


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