FSA considers platform legacy commission ban from 2014

Kyle Caldwell , Alasdair Pal and Nick Paler
29 November 2012

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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....

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