The FCA, Client Cash and the Future of Platform Charging

In this special edition of the Transact Podcast, Chief Development Officer Andrew Cullen-Jones is joined by Transact CEO Tom Dunbar, James Daley of Fairer Finance and Jack Gilbert of Citywire New Model Adviser to explore one of the most closely watched issues in the UK platform market cash interest retention.

Together, they discuss:

• how client cash is held and managed on investment platforms
• why cash interest retention has become a growing focus for regulators, policymakers and consumer groups
• the role of Consumer Duty, fair value assessment and transparency requirements
• the FCA’s latest consultation and what it could mean for platforms, advisers and investors
• how advisers assess platform charging structures and value for clients
• the different perspectives shaping the debate across the industry
• what future regulatory, political and market developments could mean for platform charging.

Bringing together platform, consumer and media perspectives, this episode examines the key issues behind the headlines and explores the challenges, opportunities and trade-offs at the heart of the client cash debate.

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