TISA responds to simple financial products report
TISA has published its response to the Sergeant Review into simple financial products:
“TISA welcomes the development of the simple product suite. All the research evidence shows us, and the experience with ISAs confirms, that consumers will buy products they can understand” said Malcolm Small, TISA Director of Policy.
He continued: “It is right that the Report sets out clear standards, leaving the market to supply the ultimate solutions. One of the biggest social policy issues for UK plc. is under-saving. Anything which helps to rectify this has got to be good news.”
Ends……
For further information, please contact:
Tony Vine-Lott, Director General, TISA – Tel: 01372 374728, Mobile: 07790 006108Email: tony.vine-lott@tisa.uk.com
Malcolm Small, Director of Policy, Mobile: 07989 500771Email:malcolm.small@tisa.uk.com
Issued on behalf of TISA by Cauldron Consulting, contact Steve Radford – Tel: 020 3178 7238, Mobile: 07889 903786
Email: steve.radford@cauldron-consulting.com
Notes for Editors
The Tax Incentivised Savings Association (TISA)
TISA is the premier industry funded body in the UK retail savings and investment industry. By engaging with member firms, government, political parties, regulators and consumer groups TISA’s ultimate goal is always to further consumers’ best interests. It seeks to improve the range, features and quality of savings and investment schemes available whilst encouraging more people to save for their financial security and peace of mind.
Uniquely, TISA is able to articulate the opinions of the whole savings and investments marketplace through its membership comprising over 130 member firms involved in the supply or distribution of products. TISA’s remit extends across the broad spectrum of savings vehicles & services and centralised investment propositions. www.tisa.uk.com