Think from consumer perspective
The use of super clean share classes by certain platforms is beginning to cause 'unintended restrictions' for clients trying to re-register to alternative platforms.
A disgruntled IFA has vowed to shun Fidelity's Fundsnetwork platform after a client's re-registration got cancelled for the third time.
The Financial Conduct Authority (FCA) has said platforms need to do more to incorporate re-registration and has issued a warning over exit fees.
Will product developments leave re-registration progress standing?
Charles Stanley Direct has moved to capture large clients from competitors by scrapping its own charge for new or re-reg clients with £500,000 or more, for a limited period.
Aviva and Zurich have both selected eCommerce standards and services body Origo to provide their automatic re-registration services.
Paul Pettitt looks at where the industry is with re-registration of assets and where it could be by the year-end.
Skandia has criticised rivals for failing to offer an adequate re-registration process, forcing the platform to allow cash transfers into ISAs as an alternative.
Fidelity FundsNetwork and Skandia have completed the first electronic in-specie transfer of assets between two rival platforms - a key requirement of Retail Distribution Review (RDR).