Tag Archives: FSA

Regulatory fiddling burns platform roaming

An article from Stephen Mohan – Managing Director of Operational Services at Cofunds, which originally appeared in Money Marketing.

Wherever I turn I see the debilitating effects of the UK’s lack of joined up government. As an example, my wife is trying to build a restaurant and is trying to reconcile the different challenges of planning permission, building control, environmental policy, disability rules and licensing laws. None of these were established for bad reasons, but their combination leads to one major law: the one of unintended consequences – more about this later.

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Clarity needed from FSA on CP 11/26

Cofunds welcomes the clarity provided by the FSA in CP11/26. However, there are still some significant questions to be answered and time is passing fast for the industry to be able to react and prepare for the significant change this will bring.

We support the general thrust of what the FSA is seeking to achieve, including its stance on treating advice on funds in a life policy in the same manner as other product wrappers such as ISAs – this will ensure that product bias is removed.

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Posted in FSA, FSA's Platform discussion paper, Platform re-registration, RDR | Tagged , , , , | Leave a comment

Have we all missed a trick here?

We’ve been focussed on the FSA’s delayed platform policy statement and have found the media coverage very interesting, but more for what it didn’t say. Market players have been quick to reassure the market that the paper has said nothing that contradicts development plans already in train. But what of consumers? Do they understand what we’re all working towards? Continue reading

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Posted in Adviser feedback, Cofunds, FSA, FSA's Platform discussion paper, RDR, Your platform | Tagged , , , , , , , , | Leave a comment

PS11/9: A few surprises and some more questions

Well it’s been all go lately! We’ve spent the last 2 days pouring over the FSA’s paper on platforms (PS11/9).

Here we set out our reaction to the FSA paper. As always we welcome your comments. Continue reading

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Posted in Cofunds, FSA, FSA's Platform discussion paper, Pricing model, RDR, Update, Your platform | Tagged , , , , , , , , , , , , , , , | Leave a comment

Protected: Updates to the DT Dynamic Planner tool

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An interesting shift

We’re in a time of great industry change and as a result we’re seeing a shift in adviser behaviour as they adapt and evolve to the new era. We thought you might be interested in our observations. These are very general and won’t apply to everyone but they do sum up the trends we’re seeing and the conversations we’ve been having with advisers.

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