Blog: FSA must clarify platform regs or undermine RDR

But ultimately the paper was disappointing and proved something of an anti-climax. When the industry was crying out for clarification and a roadmap of rules leading to January 1, 2013 what it got instead was yet more confusion and delay. And the FSA's thinking on platform remuneration seems hazy and confused at best. The headline from the policy statement was the news the regulator ultimately wants to ban both fund manager and cash rebates but needs more time to research the issue before doing so. Crucially, final platform charging rules will now not come into effect until after...