How adviser platforms reacted to the FCA's market study - in public

Here are the reactions of a number of adviser platforms to the FCA's remedies on switching and its proposal to ban exit fees. In its consultation paper published alongside the final report of its platform market study, the Financial Conduct Authority (FCA) said it wanted platforms to take steps to bring about unit class conversions so clients switching platforms were not forced to sell their investment unnecessarily because they are in a different share class of the same fund.  The watchdog said this would mean some platforms would have to make changes to their transfer application ma...