The FSA’s industry wide consultation on platform regulation is expected to have a wide impact with an estimated 98 per cent of advisers using platforms and £135 Billion of assets already held on platforms. So how will the FSA’s platform regulations affect you?
We have lined up three key industry experts to look at the impact on platforms and answer your questions about the new regulations, which will come into effect at the end of 2012.
The requirements of RDR are likely to push intermediaries even more towards platforms. So the FSA’s recommendations for regulating the myriad of platforms are expected to have a wide impact on the implementation of restricted advice and independent advice business models. The complexity of the review led to several delays in its publication. The industry appeared divided over the key issues of adviser charging, fund manager rebates and transparency.
Has the FSA resolved the debate or will it spark more lobbying and regulatory uncertainty? If the latest FSA recommendation turns out to be a compromise could there be further change ahead? And should advisers continue to embed platform technology in their businesses to drive efficiency in the run up to RDR?
Log onto our live WebTV show with Hugo Thorman - Managing Director at Wrap Platform Ascentric, Danny Wynn – RDR and Commercial Director at Legal & General and Alastair Conway – Sales and Marketing Director at Cofunds Funds Platform as they answer your questions about what the new regulations mean for your business from January 2013.
Hugo Thorman, Danny Wynn and Alastair Conway join us live online at www.studiotalk.tv on 14th December 2010 at 2pm to discuss RDR
For more information visit www.legalandgeneral.com