The
ABI launched a consultation of its Life and Pension Fund Sectors to gather feedback on what improvements should be made to the
ABI Sectors to ensure they remain fit for purpose. The proposals contained in this paper have been drafted by industry experts and are intended to stimulate responses from key stakeholders including providers, adviser firms and their representative organisations, fund managers, data providers and the media.
The proposals to improve the current sector criteria include:
New criteria for mixed asset fund sectors, including labels to highlight the equity exposure of managed fund sectors.
The introduction of three new fixed interest sectors.
New sectors to reflect the growing number and diversity of property funds.
The introduction of a flagging system to allow greater detail on sector sub-groupings.
Deadline for responses is 13 July 2007. The ABI’s final proposals will be published in summer 2007.
Press release
Consultation paper
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