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International Law
: Australian Regulatory Compliance ReviewAchieving product rationalisation for managed investment schemes and life insurance products
Treasury has released a proposals paper for consultation about a proposed product rationalisation framework for managed investment schemes and life insurance products. Product rationalisation is a process of converting or consolidating products of a similar nature into a single product with equivalent features and benefits. Its main purpose in this context is to remove outdated, so-called 'legacy' products by transferring investors into newer, more efficient products.
Submissions close on 26 February 2010.
Full post as published by Australian Regulatory Compliance Review on December 13, 2009 (boomark / email).
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