FCA Handbook - COBS 6.1F Using a platform service for arranging and advising

You are viewing COBS 6.1F Using a platform service for arranging and advising as of . COBS 6.1F Using a platform service for arranging and advising was last updated on 06/04/2026.

Rules

Guidance

Related resources

COBS 6.1F Using a platform service for arranging and advising

Client’s best interests rule and using a platform service

This section does not apply if the retail client is outside the United Kingdom.

(1) This rule applies to a firm which:

(a) arranges for retail clients to buy retail investment products; or
(b) makes personal recommendations or ready-made suggestions to retail clients in relation to retail investment products.

(2) A firm which uses a platform service for a purpose in (1) must take reasonable steps to ensure that it uses a platform service which presents its retail investment products without bias.

When selecting and using a platform service for the purpose described in COBS 6.1F.1 R, a firm should be mindful of its duty to comply with the client's best interests rule and the rules on inducements (COBS 2.3.1 R, COBS 2.3A.5R and COBS 2.3A.15R).