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Sandler announces review parameters

The Sandler review will look into polarisation, with-profits products, disclosure of product information and fees versus commission, it was disclosed today.

Speaking at a Treasury briefing on the publication of the parameters of the review, its head Ron Sandler accepted there would be substantial overlapping with other reviews already being conducted by the FSA, although he did not expect his review to come to different conclusions to the FSA reviews.


The spread of Securitisation

Raising funds through the securitisation of assets and their revenuestreams has been popular in the US for many years and, after a false startin the late 1980s, has been growing steadily in Europe since 1996. From a base of less than $10bn in 1995, the market expanded to $143bn by2000 and 2001 appears certain to […]

Nationwide chief blasts the banks

Nationwide Building Society chief executive Brian Davis has slammed banks for confusing borrowers into believing they are getting a good deal when many are paying over the odds. Davis, who is due to retire in December, claims banks and plcs are treating their mortgage customers with disdain by keeping them on a high standard variable […]

Advisers sign up to sell online benefits package

Online employee benefits software specialist 4th Contact has signed partnerships with 21 IFAs to promote its service, which allows employees to keep track of their benefit packages online. Working Wealth is designed to cut out many of the administrative costs which it is argued prevent small and medium-sized companies from offering flexible benefits to their […]

&#39Advisers rely too much on fund past performance&#39

IFAs rely too heavily on past performance when recommending investment products to clients, according to Ron Sandler. But his claim has been rejected by the industry and IFAs who say investment performance is too important to ignore when choosing a fund. In his consultation paper published this week, Sandler questions the importance of past performance […]


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