Re-registration - where are we now?

As part of the RDR the FSA/FCA mandated that all platforms, providers and fund managers should be able to effect efficient re-registration of customers' assets by 31 December 2012. The ability for savers and investors to transfer their assets without the need to encash them - and so reduce out of market risk, unnecessary tax liabilities, etc - fits well with the principles of the RDR while also being a natural progression for the financial services industry. Understandably, in 2012 many organisations were focusing their resources on carrying out the changes needed to be compliant and ...