"The potential to distort competition" in the platform market is a key focus of the Investment Platforms Market Study, wide-ranging terms of reference for which the Financial Conduct Authority (FCA) published today.
The regulator said it would also explore which factors advisers prioritise when choosing, reviewing and deciding whether to switch platform, and whether platforms consider the end-investor when competing...
Retirement Advantage research suggests
9,700 transfers in 2016/17
Up 0.1% from Q1
Extra burdens for largest firms