Forcing competition on platforms 'could drive up prices'

Reaction to FCA Investment Platforms Market Study

Bella Caridade-Ferreira: "If you try and force people into a corner and say everyone should get the same price, they're going to protect their interests and push up prices."
Bella Caridade-Ferreira: "If you try and force people into a corner and say everyone should get the same price, they're going to protect their interests and push up prices."
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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...

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