Blog: What did the Romans ever do for us? Part I

What did the Romans ever do for us? Part I

clock •

Nick Lee, who is clearly a big Monty Python fan, shares his insights on the Roman origins of the sunset clause…

While not one of the items listed by the Monty Python team, I think it's correct to say that sunset provisions have their roots in Roman law; being defined as meaning that after a specific date a provision within statute or regulation shall cease to have effect. This is exactly the situation we are facing with regards to platform legacy assets and the requirement for rebates to platform operators to end before 6 April 2016. The changes are more commonly known to us as the sunset clause. The policy statement on platforms outlining the sunset clause (PS 13/1 - Payments to platform se...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Wrap/platforms

Big players give The Platforms Association's transfer charter a miss

Big players give The Platforms Association's transfer charter a miss

AJ Bell and Parmenion choose not to sign up

Sophia Panayi
clock 25 September 2026 • 2 min read
Most platforms sign up to transfer charter

Most platforms sign up to transfer charter

Signatories include Benchmark, Fidelity International and Quilter

Sophia Panayi
clock 17 September 2026 • 3 min read
Will the incoming stocks and shares ISA cash interest levy impact platforms?

Will the incoming stocks and shares ISA cash interest levy impact platforms?

Proposed regulations yet to clarify what is an ‘acceptable’ cash holding

Sophia Panayi
clock 15 September 2026 • 5 min read