FSA looks to global platform markets to craft UK reforms

In its August policy paper, the regulator set out its intention to ban both fund manager rebates paid to platforms and cash rebates paid to consumers but said it will delay a final decision pending further research. In today's RDR newsletter, the watchdog said part of this ongoing research will include an analysis of international platform markets. "We will also consider international markets to see how the platform model has developed in other markets and how regulators have dealt with these platforms," it said. The FSA will also look at different platform models - including Self ...