View more on these topics

Firms join up to create logo for Cat standard Isa

Ten life offices and fund managers are banding together to create a standard industry logo for the Cat-standard Isa.


The project, which is bac- ked by the Association of British Insurers and the Asso- ciation of Unit Trusts and Investment Funds, brings together large IFA life off- ices, fund managers, direct-sales offices and supermarket operations.


The companies involved are b2, Direct Line, Fidelity, Legal & General, Marks & Spencer Financial Services, Royal & Sun Alliance, Scottish Widows, Sun Bank, Standard Life and Virgin Direct.


Hargreaves Lansdown joint managing director Peter Hargreaves welcomes the project but believes it will be a rival to IFA Promotion. He says: “It is important that it comes in two parts. It should show that it is a mini Isa or a maxi Isa. It will be a rival to the £ sign.”


IFAP marketing manager David Elms says: “It is good for the consumer to identify where the Cat is coming from. The logos are trying to do two different things.”

Recommended

Glasgow gets backing for share ownership

Glasgow Investment Managers is set to become majority owned by its own staff.It has gained approval for staff to increase shareholdings within the company up to a maximum of 50.1 per cent.The agreement with its controlling shareholders Shires Income plc, allows for this provision if certain profit objectives are met.The provision is intended to enable […]

Saunders call for mortgages to be regulated

The Financial Services Authority Consumer Panel has called for long term care and mortgages to be regulated by the FSA.Panel chair Barbara Saunders made the call in evidence to the Joint House of Commons and Lords Scrutiny Committee examining the Financial Services and Markets Bill.She said: &#34The rhetoric of a one stop shop needs to […]

Newsletter

News and expert analysis straight to your inbox

Sign up

Comments

    Leave a comment