Tom Ellis: The FCA must be tough on platform switching

What do you want your regulator to do? As advisers, you pay your fees. You live, breathe and exist under its rule - whether you like it or not. Specifically - but not too precisely - our elected government gives it a mandate to protect consumers and to maintain and promote healthy competition within financial services. Or, in the even more general words of Financial Conduct Authority (FCA) chief executive Andrew Bailey: "The FCA regulates the UK's financial services sector to ensure that markets work well for individuals, businesses and the UK economy as a whole." Keeping all of that ...