This week's news… condensed

Platform paper The FSA's long-awaited consultation paper on platform rebates came out. Here are the main points and this is what the industry thought of it. Barclays fine Barclays was fined a record £59.5m by the FSA for its role in the LIBOR fixing scandal. Expect more developments with other banks over the coming weeks. D2C Lighthouse Group revealed plans to launch a direct to consumer simplified advice service in a bid to capture a section of the mass market that is unable or unwilling to pay for financial advice. Long-stop Some worrying statistics were put together by A...