FCA’s Investment Platforms Market Study
The FCA has published an interim report for the Investment Platforms Market Study. It sets out some provisional findings on the way competition works in the investment platform market, and how the FCA would like the market to develop. Overall, they found that competition in this market is working well for most consumers. However, they were concerned that competition between platforms is not working well for 5 particular groups of consumers.
They are consulting on their proposed remedies and asked to engage with a wide range of market participants.