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

FNZ launches adviser-focused AI tool as personalisation demand grows

FNZ launches adviser-focused AI tool as personalisation demand grows

Generative AI solution intended to cut admin time and help advisers meet Consumer Duty standards

Sahar Nazir
clock 19 August 2025 • 2 min read
Scottish Widows' Bold predicts adviser 'flight to trusted quality' in fragmented platform market

Scottish Widows' Bold predicts adviser 'flight to trusted quality' in fragmented platform market

‘There will be potential platform consolidation’

Jenna Brown
clock 18 August 2025 • 6 min read
Aviva platform net flows climb 28%

Aviva platform net flows climb 28%

Driven by higher adviser client retention and expanding direct wealth channel

Sahar Nazir
clock 14 August 2025 • 2 min read