View more on these topics

Face to face advice key for products says Sandler

The sales of the new stakeholder products would initially require face to face advice through existing IFAs or salesforces according to Ron Sandler.

He told the Treasury&#39s Sandler seminar today that down the line when the market for the products had matured other distribution channels such as high street retailers may develop.

Sandler also challenged the Government to embark on a “strong and sustained” advertising and education campaign to promote the brand attributes of the new products and create a demand for them.

He said the demand would not necessarily be there, and that consumers would not start buying the products off the shelf.

Recommended

Virtual trade show goes live

A virtual trade show is going live this week offering audio-visual conference presentations, an interactive expert panel and exhibitors offering financial products and services. The site, which features Norwich Union, Zurich, Standard Life, Skandia and Unum Provident, is at www.ifawebshow.com.

&#39One in four has no idea when to start a pension&#39

Nearly one in four Britons has no idea when they should start investing money in a pension while 11 per cent think it is not worth taking one out, new research shows.The biggest age groups to reject pensions were those in their 20s and 50s, with both groups representing 20 per cent of those who […]

Treasury to consult on Sandler stake suite

The Treasury will officially respond to the Sandler review&#39s recommendation for a range of simple stakeholder products this week by launching a consultation with the industry.A Treasury-hosted seminar in London will mark the start of work on product development and distribution.Speakers at the seminar, including Treasury Financial Secretary Ruth Kelly, FSA chairman Sir Howard Davies, […]

Matrix Money Management – Matrix Horizon Fund

Friday, 11 October 2002 Type: Fund of hedge funds Aim: Growth by investing in the Fortis investment fund Minimum investment: Lump sum £10,000 Place of registration: Dublin Investment split: 100% in the Fortis investment fund Charges: Initial 4%, annual 1.9% Commission: Initial 3%, renewal 0.4% Tel: 020 72920825

Newsletter

News and expert analysis straight to your inbox

Sign up

Comments

    Leave a comment