The Financial Services Authority (FSA) will release its final consultation paper on the platform market before the Olympics begins, Investment Week understands.
Sources have said the paper - the final consultation before the rules governing platforms after the Retail Distribution Review are released later this year - will be out next month, ahead of the start of the London 2012 Olympics which kicks off on 27 July. The paper should finally reveal whether rebates currently paid by fund groups to platforms and cash rebates will be allowed to continue. Many industry experts expect rebates to be banned, despite calls for them to be allowed to continue. It will also set out the regulator's final proposals to make platforms more transparent, via unb...
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