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Opinion

New effective annual cost standard from ASISA

James George, Compliance Manager, Compli-Serve SA
Sept. 15, 2016, midnight
512

Word count: 616

With less than a month to go before they have to disclose an Effective Annual Cost (EAC) on quotes for savings and investment products, product providers are no doubt scrambling to get their calculations done and their point of sale documentation updated. The deadline is October 1 to comply. 

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