The Financial Conduct Authority (FCA) has warned investment platforms it could name and shame them if the sector does not make it quicker and easier for advisers and consumers to switch platforms.
The regulator said it expected the industry to implement changes by the time it publishes its final platform market study report in the first quarter of 2019 and threatened to take action if it did not...
'Following the letter, but not the spirit, of the rules'
Tech giant still stands out
Reduces chances of rate hike
Designed to park short-term cash