ABI consults on unit-linked funds guide: ABI is consulting on changes to its guide to good practice for unit-linked funds to address the findings of FCA's review of October 2013 into the governance of unit-linked funds. The changes cover:
- systems and controls, specifically in respect of oversight of outsourced service providers and conflicts management; and
- calculation of benefits.
ABI asks for comments by 28 March. (Source: ABI Consults on Unit-Linked Funds Guide Changes)