7th January 2015
FundsNetwork: The changing face of re-registration
It’s safe to say that Frederick Douglass, the 19th century US social reformer wasn’t referring to re-registration when he said “If there is no struggle, there is no progress.” Nevertheless this remark certainly applies.
It’s been 22 months since the requirement for fund managers and platforms to offer in specie transfer was introduced, and while much progress has been made towards seamless transfers of assets, there remains much to do. In this article, Simon Farrant, Head of Propositions, FundsNetwork, will look at the current state of play, what FundsNetwork is doing to drive progress and the issues you need to be aware of in making recommendations to your clients.
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