Platforms have failed on investment costs and the FCA knows it - the lang cat
'Why aren't platforms realising economies of scale?'
Mark Polson: "This has been a massive failing for platforms."
Platforms have failed to reduce the cost of investing post-Retail Distribution Review (RDR), the lang cat principal and founder Mark Polson has said, adding the regulator was onto them for the right reasons.
The Financial Conduct Authority (FCA) yesterday published plans to launch a platform market review, saying it wanted to determine whether platforms enabled retail investors to access investment products...
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Advisers can defer CPD this year in 'exceptional circumstances' - FCA
Defer to 2021/2022