Overhauling the UK investment platforms market
By Kirsten Hastings, 21 Sep 18
AJ Bell boss calls for more disclosure, guidance, transparency and the removal of a ban
The deadline for responding to the Financial Conduct Authority’s Platform Market Study interim report is Friday 21 September and AJ Bell’s chief executive is calling for four key changes.
Andy Bell said: “The platform market has grown to a size and importance that merits greater scrutiny but equally it has delivered significant benefits to consumers in terms of lower charges and greater transparency that shouldn’t be derailed by unnecessary intervention.
“In this respect, the interim report hit the right note in terms of highlighting the aspects of the market that need further debate.”
Click through the slides above to see the four key areas where Bell has called for change.