Form an orderly queue: why fund groups are rushing to list on platforms

ORDERLY QUEUE

clock

Fears the regulator may tighten rules on marketing payments are fuelling fund groups' rush to list on platforms, writes Alasdair Pal...

Measures due to be announced in this month’s platform paper will prevent platforms “from being funded by payments from product providers” from 2014. Outgoing regulator, the Financial Services Authority, made the decision in its final consultation paper on the issue last year. This has been widely interpreted as a ban on cash and possibly unit rebates – but the regulator could also tighten rules on payments made by fund houses to list on platforms. Cofunds has warned boutique and international fund houses will face a rush to acquire distribution if the regulator does tighten rules o...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Wrap/platforms

Platform innovation: Terry Huddart on Platform One's execution only portal

Platform innovation: Terry Huddart on Platform One's execution only portal

'It's continuing to garner a good reputation in terms of its UX'

Terry Huddart
clock 21 May 2025 • 6 min read
Back to basics: Let's not forget platforms' fundamental attractions

Back to basics: Let's not forget platforms' fundamental attractions

'Providers have to shoulder the bulk of the blame for this knowledge gap'

Steve Andrews
clock 20 May 2025 • 4 min read
Hargreaves Lansdown and Moneyfarm top the tables in D2C platform market

Hargreaves Lansdown and Moneyfarm top the tables in D2C platform market

Industry assets grew by £2.7bn

Isabel Baxter
clock 12 May 2025 • 2 min read