What made the news on 26 April 1999
FSA drafts limited issue regulations The FSA was preparing to issue draft regulations on limited issue funds, with a view to the first such products coming online from the start of 2000. The rules, on which the regulator wanted feedback from the fund management industry, were due for release in June 1999. However, groups felt that work being carried out to ensure their admin systems were year 2000-compliant might well hold back their product development. ABI decides to split Cautious Managed sector in to two The ABI was preparing to split the managed life and pensions funds Cautious ...
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