TITLE

Skandia disclosure plea over restricted advice

AUTHOR(S)
Pow, Helen
PUB. DATE
July 2009
SOURCE
Money Marketing;7/2/2009, p3
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article reports on the move of Skandia AB to ask the British Financial Services Authority (FSA) for a mandate on the right form of words, which will be used in documenting the right description of their services in 2009 in Great Britain. It states that Skandia is asking FSA to eliminate basic advice, because it can cause confusion on consumers. According to Skandia chief development officer Peter Mann, he approves the distinction made between restricted and independent advice.
ACCESSION #
43257027

 

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