FSA is to investigate platform use

The FSA will investigate intermediary use of platforms over the coming months to assess whether it m...

The FSA will investigate intermediary use of platforms over the coming months to assess whether it meets treating customers fairly requirements. It will also be contacting platform providers to improve standards of costs and services disclosure across the industry. This comes as the regulator released feedback on its 2007 platform consultation, which was originally published alongside the Retail Distribution Review. Most of the feedback agreed with last year's proposals and the FSA has confirmed plans to continue its principles-based approach in the area. Despite this, director of r...