FSA considers platform legacy commission ban from 2014

clock

The Financial Services Authority (FSA) has begun informal discussions with key industry players about a potential ban on all fund commission payments from the start of 2014 for business written on platforms.

Investment Week can reveal the regulator is considering setting a deadline date for a complete ban on fund commission rebates paid to advisers from platforms from 1 January 2014, including legacy arrangements....

To continue reading this article...

Join Investment week

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space

  • Get ahead of regulatory and technological changes affecting fund management

  • Important and breaking news stories selected by the editors delivered straight to your inbox each day

  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts

  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on Investment

Founder of WCM Partners Neil Woodford

WCM Partners' only newcomer leaves business one year after launch

Woodford's new firm

Lauren Mason
clock 27 January 2022 • 1 min read
Juliet Schooling Latter of FundCalibre

Deep Dive: Is there any confidence left in fixed income?

You can still find value

Juliet Schooling Latter
clock 27 January 2022 • 3 min read
Industry Voice: Global Asset Allocation - T. Rowe Price's January Insights

Industry Voice: Global Asset Allocation - T. Rowe Price's January Insights

Yoram Lustig @ T. Rowe Price
clock 26 January 2022 • 3 min read
Trustpilot