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This Policy statement reports on the main issues arising from Consultation Paper 176 ('Bundled Brokerage and Soft Commission Arrangements') published in April 2003.

Introductory documents

Newsletter [ PDF | 64 KB | 6 pages ]

Press release:
FSA confirms proposals to tackle softing and unbundling

Policy statement

PS04/13: [ PDF | 322 KB | 48 pages ]
Bundled brokerage and soft commission arrangements - Feedback on CP176

Other relevant material

CP05/05

Bundled brokerage and soft commission arrangements: Proposed rules

PS05/9
Bundled brokerage and soft commission arrangements - Feedback on CP05/5 and final rules

PS04/23:
Bundled brokerage and soft commission arrangements: Update on issues arsing from PS04/13

Report by Deloitte: [ PDF | 1.5 MB | 111 pages ]
Assessment of the economic impact of implementation of the proposals contained within FSA consultation document CP176 with reference to incumbent fund managers' ability to compete in the UK market

CP176:
Bundled brokerage and soft commission arrangements

FSA handbook

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