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Consumers&#39 Association warns of flawed and dangerous strategy

The Consumers&#39 Association warns that the FSA proposal to reduce consumer protection will invite mis-selling and destroy consumer confidence in saving for the future.

CA warns that selling stakeholder products through a basic advice process is a flawed and dangerous strategy.

CA principal policy advisor Mick McAteer says: “The FSA seems to have chosen to address the long-term savings crisis with an approach that rewards an inefficient industry by stripping it of any responsibility for its actions.”

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Cazenove Fund Management – Cazenove European Equity (Ex UK) Fund

Type: Oeic Aim: Growth by investing in European equities excluding the UK Minimum investment: Euros 5,000 Investment split:100% in European equities excluding the UK Place of registration: Dublin Charges: Initial 3.5%, annual 1.5% Commission: Initial 3%, renewal 0.5% Tel: 0800 0159592

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