FundsNetwork: Re-reg must come under adviser charging rules

In its November consultation on the treatment of legacy assets, the FSA set out a narrow set of circumstances under which advisers will be allowed to continue receiving commission in the post-RDR world - including when a client re-registers with another platform. But FundsNetwork, in its response to the paper, said platform re-registration should come under adviser charging rules. The platform said it is seeking "urgent clarification" on the matter, arguing re-registration should come under adviser charging rules because the transfer of assets between platforms could result in an inve...