Forcing competition on platforms 'could drive up prices'

Reaction to FCA Investment Platforms Market Study

Hannah Godfrey
clock • 3 min read

Forcing asset managers to offer the same price to all platforms could drive up costs to consumers, Bella Caridade-Ferreira has warned after the Financial Conduct Authority (FCA) initiated its Investment Platforms Market Study today. 

The Fundscape CEO (pictured) said she welcomed the regulator looking into vertical integration but warned an unintended consequence of the study may be increased prices for end-investors. The Investment Platforms Market Study, which was published this morning, said the platform market was becoming "increasingly vertically integrated" with commercial relationships existing between platforms, asset managers, discretionary investment managers and financial advisers. These relationships, it suggested, had the potential to distort competition by encouraging platforms to compete in the inte...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Regulation

Finfluencer trials delayed until 2027 due to court backlog

Finfluencer trials delayed until 2027 due to court backlog

Nikhil Rathi gave the update to aTreasury Committee hearing

Sorin Dojan
clock 10 June 2025 • 2 min read
Sustainability and market abuse concerns raised as FCA rings bell on PISCES launch

Sustainability and market abuse concerns raised as FCA rings bell on PISCES launch

PISCES regulatory regime now live

Linus Uhlig
clock 10 June 2025 • 3 min read
Northumberland firm declared failed by FSCS over pensions advice

Northumberland firm declared failed by FSCS over pensions advice

PCM Asset Management lost FCA authorisation in 2019

Sahar Nazir
clock 05 June 2025 • 1 min read