Kevin Okell: Will the platform industry miss its conversion kick after 1 February?
Simplification of transfers
Kevin Okell: " Once financial advisers realise that they can demand a conversion to the best discounted units available, it seems unlikely that they will be content to encash a client's holdings in the event of a transfer."
Platforms are playing 'dangerous waiting game' on conversions ahead of new rules which come into force on 1 February, writes Kevin Okell...
It's the final countdown for the financial services industry on transfers. As of 1 February, new rules introduced by the Financial Conduct Authority's (FCA) PS19-29 will come into force. The policy...
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