Platforms have predicted the swift death of the rebate model following confirmation that HM Revenue & Customs (HMRC) will apply income tax to both unit and cash rebates.
Aegon has said a drive to clean share classes represents the "only way forward" for an industry reeling from a proposal to replace cash rebates with unit rebates.
Delays to the Financial Services Authority's (FSA's) platform paper risks damaging the industry, according to a law firm, with life companies and self-invested personal pension (SIPP) providers most likely to benefit.
AXA Elevate is to lower the discount it offers to users who buy the group's own Architas fund range in 2013.
Concerns about advisers piling into commission-paying products ahead of the Retail Distribution Review (RDR) have proven unfounded, according to the experience of one provider.
The Association of Independent Financial Advisers (AIFA) has warned that a proposed ban on cash rebates by platform service providers could lead to increased costs for consumers.
Providers attempting to avoid being classified and regulated as platforms could see additional rule changes from the Financial Services Authority (FSA), according to its head of investments policy.
The Financial Services Authority (FSA) has suggested it will not read across its proposed ban on platform rebates to life companies, but has promised to explore the issue further.