Ferguson calls on FSA for re-registration measures

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Nucleus CEO David Ferguson has called on the FSA for more prescriptive measures on platform re-regis...

Nucleus CEO David Ferguson has called on the FSA for more prescriptive measures on platform re-registration following the recent consultation on wraps. The paper raised ease of re-registration as a major issue for the platform community, which Ferguson said is an ongoing battle for Nucleus. The FSA said that if a platform limits the ability of users to transfer assets, providers should consider whether they are acting in the interests of customers. Platform providers clinging to assets is an issue Nucleus is currently exploring from a legal angle, according to Ferguson. “The re-regi...

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