The FCA has published finalised guidance (FG14/4) which sets out the FCA’s approach to firms involved in the transfer of investors from pre-RDR unit classes to post-RDR unit classes; the guidance also clarifies procedural uncertainties when firms convert  customers to the new unit classes.

The guidance is accompanied by a summary of feedback received in relation to the guidance consultation.

http://www.fca.org.uk/static/documents/finalised-guidance/fg14-04.pdf

http://www.fca.org.uk/static/documents/finalised-guidance/fg-14-04-feedback-summary.pdf