Fidelity warns over cash rebate ban loophole

clock • 2 min read

Platforms attempting to dodge the cash rebate ban by paying consumers units in a cash fund would be acting in an 'incredibly foolish' manner and going against the spirit of the rules, Fidelity has warned.

To continue reading this article...

Join Investment Week for free

  • 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 Platforms

Hargreaves Lansdown reaches two million customer milestone

Hargreaves Lansdown reaches two million customer milestone

AUA up by 11%

Patrick Brusnahan
clock 03 October 2025 • 1 min read
Boring Money's Holly Mackay: RIP Nutmeg and robo to boot

Boring Money's Holly Mackay: RIP Nutmeg and robo to boot

Replaced with JP Morgan Personal Investing

Holly Mackay
clock 01 October 2025 • 3 min read
LSEG launches blockchain-enabled platform with first successful fundraise

LSEG launches blockchain-enabled platform with first successful fundraise

Collaboration with Microsoft

Michael Nelson
clock 15 September 2025 • 1 min read
Trustpilot