Are provider-to-platform marketing payments acceptable?

Rebates might be on the way out, but that doesn’t mean product providers can’t send some cash platforms’ way. A number of industry experts have expressed surprise at the Financial Conduct Authority’s (FCA) decision to permit platforms to charge providers for a number of activities. Outlining its final rules for platforms earlier this year – in which the FCA’s main requirement was for platforms, for the most part, to be remunerated by a platform charge paid directly by clients – the regulator said there should remain a number of scenarios where it is still appropriate for platforms to ...