Many platform providers and experts have welcomed the FCA’s potential ban on platform exit fees but some have warned that a level playing field is needed to ensure platforms are not disadvantaged.

Aegon has appointed Ed Dymott to the newly-created role of managing director for transformation, innovation and growth.

Fidelity has promoted insider Jackie Boylan to be head of its platform business FundsNetwork.

Fidelity has recruited experienced investment professional Anne Richards as chief executive from rival M&G where she was CEO of M&G Investments.