28 June 2019

ABI calls for improved efficiency of transfers in platforms market

"The ABI responded to the FCA’s Consultation Paper on Investment Platforms Market Study Remedies. Overall, the ABI was pleased that the FCA found that the platform market is working well for both advised and non-advised customers and that some of the key positions from the ABI’s response to the Market Study’s Interim Report last year were taken on board in the FCA’s final findings. The ABI was also pleased that the FCA welcomed the progress being made across the industry through the STAR initiative, in which the ABI has played a key role. The ABI will continue to engage with the FCA to further improve the efficiency and speed of transfers."

ABI Associate Member and Partner Newsletter - June 2019.

To find out more about STAR and how to get involved, please visit STAR’s website.