Zurich has today released details of its Retail Distribution Review (RDR) charging structure and plans to close some of its products.
It said it would facilitate adviser charging across the products available through its platform, including its cash ISA, stocks and shares ISA, investment account for unwrapped assets and retirement account, providing wider self-invested personal pension (SIPP) assets and drawdown. It will also launch a new off platform RDR compliant Sterling Investment Bond which will be available from 1 January 2013 to replace its existing product. Details of Zurich's off-platform proposition were also released. The following products will close to new customers: • Zurich SIPP • Zurich Trustee In...
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