One can’t move at the moment without hearing about the FSA. Industry “bookies” have money on 28th July for the delivery of the delayed platform paper. There is a sense of a collective sigh racing through the fatty arteries of the City as unit rebates now seem to be the inevitable final outcome.
Last week the FSA sent a letter to CEOs of wealth management firms.
Philippa Gee: Are platforms doing enough on move to brilliant clean?
Ashcourt Rowan outsources asset management admin to TD Wealth
Re-reg rethink: platforms and fund groups look to improve transfers
M&G warns over cost as platforms demand multiple share classes
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