In a year the platform market was dominated by re-platforming and the FCA's Platform Market Study, Professional Adviser takes a look back at the 10 most important platform articles of the last 12 months.
1. FCA focuses on ‘potential to distort competition' in £500bn platform market After months of anticipation, the publication of the FCA's Platform Market Study terms of reference finally highlighted what the regulator would be specifically looking at in the growing market. The biggest takeaway from the FCA's terms of reference was its intention to look at the "increasingly vertically integrated" market and how such relationships between platforms, asset managers, discretionary investment managers and advisers have "the potential to distort competition". 2. Adviser platforms have 'in...
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