The Financial Conduct Authority (FCA) has cautioned platforms against maximising legacy commission by waiting until the April 2016 deadline.
The Financial Conduct Authority (FCA) has confirmed execution-only platforms will be caught up by its cash rebate ban and has blamed a "typographical error" for earlier confusion.
The Financial Conduct Authority is to ban firms with platform and fund management arms effectively giving away platform services for free, in return for investment into its in-house funds.
The Financial Conduct Authority (FCA) is to allow platforms to receive payments from fund managers in relation to advertising products.
The Financial Conduct Authority is to allow nominal ‘de minimis' cash rebates of £1 or less, despite outlawing the payments in all but name.
A breakaway movement of platforms pushing for special share classes could create a ‘cartel' between bigger firms, according to AXA Elevate.
Four platforms are to allow advisers to automatically calculate tax liabilities for clients, following HM Revenue and Customs' decision to tax rebates paid by fund managers.
HM Revenue & Customs's (HMRC's) decision to tax unit and cash rebates could violate UK case law on competition, according to a platform consultancy.
Transact has criticised fund managers for failing to allow advisers to move large holdings from bundled to clean share classes.
Upmarket wealth manager St James's Place paid £12,750 for a speech from Labour MP David Miliband at its annual conference.