The regulator has identified re-registration as a potential problem area for platforms. Henry Brennan asks if enough is being done to eliminate delays between assets transfers.
While the Financial Conduct Authority (FCA) has recognised the positive progress the industry has made following April's platform paper it has pointed out one area which still needs work - re-registration. Speaking at the Tax Incentivised Savings Association (TISA) platform seminar the FCA's Richard Taylor said that, barring this one area, fund managers and platform providers have kept pace with the requirements laid out in the regulator's platform white paper. But despite all the positives re-registration can't be overlooked. Taylor, the watchdog's Retail Distribution Review (RDR) te...
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