Ben Cocks: Second-guessing the FCA platform study

Exit fees and conversions

Ben Cocks: "It will not just be platforms - all the wealth managers, private banks, stockbrokers and anyone else who offers similar services had better brace themselves for life without exit fees too."
Ben Cocks: "It will not just be platforms - all the wealth managers, private banks, stockbrokers and anyone else who offers similar services had better brace themselves for life without exit fees too."
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While the FCA's direction of travel on platforms now looks quite clear, there is plenty of detail to emerge - but that has not deterred Ben Cocks from speculating on how the regulator's proposed measures will turn out

Predicting the outcome of the FCA's platform study - at least in broad terms - is not that hard at this stage. While the interim report was a broad review of how well platforms serve the end-investor,...

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