| Cat standards were set by the government to signify that a financial product, normally an ISA, met certain standards on Charges, Access and Terms. The standards varied according to the product. The fact that a financial product offered by an institution had a CAT mark was not a guarantee of its performance or a recommendation by the government. It simply indicated that it satisfied the objective criteria. Equally the absence of a CAT mark did not mean it should be avoided. They were abolished in 2005.
|
