FCA Platform Review
May 2018
Investment Platforms Market Study (IPMS)
The Investment Platforms Market Study (IPMS) was launched in July 2017. The FCA wanted to explore how investment platforms compete to win new consumers and retain existing ones to help it assess how it can improve competition within this market and develop better consumer outcomes.
The FCA has now confirmed its findings in the IPMS Final Report which outlines a package of remedies to address the areas of concern it has identified. Some of these remedies involve supervisory activity or ongoing monitoring of industry initiatives, others require changes to the Handbook on which it is now consulting.