17 June 2004
This consultation sets out the Government’s proposed regulations for the stakeholder suite of simple, low-cost, risk controlled savings and investment products. This is the final stage in taking forward one of the principal recommendations of the Sandler review of retail financial services, which was published in July 2002.
HM Treasury would welcome comments or queries on these regulations. They should be sent by 10th September 2004 to the following address:
Ted Hart
Stakeholder Regulations Consultation
Savings & Investment Products Team
HM Treasury
1 Horse Guard’s Road
London
SW1A 2HQ
Fax: 020 7451 7642
E-Mail: Stakeholder.Regulations@hm-treasury.x.gsi.gov.uk
Please could respondents give details of any organisation whose views they represent.
Unless respondents indicate to the contrary, it will be assumed that they have no objection to their response being made public.
Paper copies are available, free of charge, by contacting:
Correspondence and Enquiry Unit
HM Treasury
1 Horse Guards Road
London
SW1A 2HQ
Tel: 020 7270 4558
Fax: 020 7270 4574
E-mail: ceu.enquiries@hm-treasury.gov.uk
The document “Consultation on “stakeholder” saving and investment products regulations” is available below in Adobe Acrobat Portable Document Format (PDF). The research used to inform our proposals is also available in PDF format below. If you do not have Adobe Acrobat installed on your computer you can download the software free of charge from the Adobe website.
For alternative ways to read PDF documents and further information on website accessibility visit the HM Treasury accessibility page.
PDF file of “Consultation on “stakeholder” saving and investment products regulations”
(380Kb)
PDF file of Deloitte Report: “Assessing the likely market impacts of charge caps on retail investment products – July 2003”
(2.73MB)
The PDF file of the "Deloitte Report: “Assessing the likely market impacts of charge caps on retail investment products – July 2003" is also available as individual chapters:
Chapter 1 and 2: Executive Summary and Terms of Reference
Chapter 3: Project Approach and Reporting
Chapter 4: Policy and Regulatory Context
Chapter 5: The Consumer - Market Shape and Size
Chapter 6: Opportunities And Constraints For Providers And Distributors
Chapter 7: Core Model
Chapter 8: Smoothing And Guarantees
Appendices One to Five
Glossary
Other useful documents relating to this consultation are:
Proposed product specifications for Sandler “stakeholder” products: consultation
Government response to the consultation: Proposed product specifications for Sandler “stakeholder” products
Child Trust Fund Website
PDF file of “Assessing the likely market impacts of charge caps on the Child Trust Fund, (December 2003)”
(827KB)