The regulator has proposed a ban on exit fees that would affect around half of the players in the D2C platform market and five adviser platforms.
The Financial Conduct Authority (FCA) said exit fees are one of the three "main barriers" that prevent clients switching platforms. It said not only do exit fees reduce incentives for firms to deliver...
Launching in spring 2021
Update posted today
And year to date
'Spent 18 months agonising'
Updated: DB schemes that provide GMPs must revisit and top-up historic CETVs 'where necessary' - landmark ruling
GMP equalisation litigation judgment
Cherry Reynard talks to New Talent Awards 2020 Financial Adviser of the Year Alex Johnston, who tells the story of his so-far short but unique career...
Confirmed intentions in May