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IMA slams Treasury over price cap

The IMA has slammed the Treasury&#39s decision to raise the price cap to 1.5 per cent, saying it will make the products expensive and likely to harm investors.
Chief executive Richard Saunders says: “This proposal does not seem to us to have been thought through. Charging 1.5% to some retail investors and 1% to others would add considerably to the complexity of the product and consequently increase administrative costs. Tracking individual investments and withdrawals for the purpose of reducing the charge to 1% would add further layers of cost and complexity.”

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White paper — Nigeria International Insights

Jelf Employee Benefits closely examines healthcare provision and challenges within Nigeria. This will be of particular interest to HR decision makers with employees based in Nigeria, and assesses the environment, risks, facilities and safeguards that are relevant to organisations that are actively deploying expatriate staff in this location.

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