TITLE

Platforms slam FSA £1 cash rebate plans

AUTHOR(S)
Macdonald, Sam
PUB. DATE
February 2013
SOURCE
Fundweb;2/20/2013, p22
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports that the British Financial Services Authority's (FSA) plans to allow cash rebates of up to 1 pounds have been criticized by platforms which claim that the rebates would create more confusion in the market. Earlier, the regulator declared its intentions to ban both cash rebates and payments between fund managers and platforms.
ACCESSION #
85747742

 

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