For Immediate Release: Wednesday 07 March 2001

AUTIF SUPPORTS INDUSTRY REVIEW

AUTIF welcomed the review of personal investment products, one of the recommendations in the review of Institutional Investment in the UK, which was published yesterday and accepted today in the Chancellor of the Exchequer’s Budget speech.

Anne McMeehan, Director of Communications at AUTIF commented:

"The FSA is already undertaking important work to improve consumer understanding by simplifying the nature of information provided on financial products and services. Nevertheless, AUTIF is keen to support this new initiative. More meaningful financial information will lead to better-informed consumers better equipped to select appropriate products to provide for their long-term financial needs."

For further information please contact:

Anne McMeehan, Director of Communications, AUTIF - +44 (0)20 7831 0898,  0802 337995 (mobile) 
Clare Arber, PR Manager, AUTIF - +44 (0)20 7831 0898