Article preview: The investment platform and fund supermarket sector has come under a regulatory spotlight with a new package of proposals. It follows a market study launched by the Financial Conduct Authority (FCA), who looked at how investors using these platforms can more easily find and switch to the right one for them. Publishing its final report of the Investment Platforms Market study, the FCA has put forward a series of measures including new rules for product providers.
Improving competition in the investment platform market
This 529-word blog post offers a summary of the new FCA report as part of its investment platform market study, proposing a cap or ban on platform exit charges and calling for greater switching efficiency. Includes a comment from Christopher Woolard, Executive Director of Strategy and Competition at the FCA. It is written on 14th March 2019.
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