Forcing competition on platforms 'could drive up prices'

Reaction to FCA Investment Platforms Market Study

Hannah Godfrey
clock • 3 min read

Forcing asset managers to offer the same price to all platforms could drive up costs to consumers, Bella Caridade-Ferreira has warned after the Financial Conduct Authority (FCA) initiated its Investment Platforms Market Study today. 

The Fundscape CEO (pictured) said she welcomed the regulator looking into vertical integration but warned an unintended consequence of the study may be increased prices for end-investors. The Investment Platforms Market Study, which was published this morning, said the platform market was becoming "increasingly vertically integrated" with commercial relationships existing between platforms, asset managers, discretionary investment managers and financial advisers. These relationships, it suggested, had the potential to distort competition by encouraging platforms to compete in the inte...

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 Regulation

Regulatory pressure continues to 'weigh' on advisers

Regulatory pressure continues to 'weigh' on advisers

Consumer Duty and FCA reporting cited as biggest regulatory demands

Jenna Brown
clock 20 October 2025 • 1 min read
Updated: Failed financial advice firms tracker

Updated: Failed financial advice firms tracker

Firms that the FSCS has confirmed as failed since the start of 2023

Professional Adviser
clock 20 October 2025 • 1 min read
FCA probe firm refused planning permission after promising investors 8% returns from Essex development

FCA probe firm refused planning permission after promising investors 8% returns from Essex development

One of a string of ‘fixed rate return’ investments offered by Moneda Capital

Jen Frost
clock 17 October 2025 • 5 min read