The FSA’s Proposed New Rules on Platforms

October 05, 2011
The UK Financial Services Authority has issued a policy statement on platforms, the internet-based services used by intermediaries as ‘access points’ to view and administer investments, allowing them to analyse and choose products for a client’s portfolio. The policy statement has introduced several changes to the current rules on the use of platforms in an attempt to make markets more transparent for consumers and to provide a better service for the end investor, as outlined in this update.