platform service
92a service which:
- (a) involves arranging and 107safeguarding and administering investments;107 and
- (b) distributes retail investment products which are offered to retail clients by more than one product provider;
but is neither:
- (c) solely paid for by adviser charges; nor
- (d) ancillary to the activity of managing investments for the retail client.
[Note: This definition applies only within the FCA Handbook.]107