CRA was asked by the ABI to conduct research into the market impact of encouraging Customer Agreed Remuneration (CAR) as a method for determining intermediary remuneration for financial advice. The objective was to assess its impact on actual or perceived bias resulting from the current remuneration models, and whether it encourages additional saving and greater provision of advice.
PROMESA turns 10: Puerto Rico's new start, unclear future
By implementing standard accounting practices, safeguarding public pension benefits through an innovative trust, and dramatically cutting tens of billions in...