The FSA has delayed the implementation of rule changes for platforms amid concerns over the tax treatment of rebates.
In June, the FSA confirmed its intention to ban cash rebates and payments between fund managers and platforms but said unit rebates will be allowed to continue.
Responses to the consultation from the platform industry have raised queries about the tax treatment of unit rebates which have now been passed to HMRC for closer scrutiny.
The regulator had intended to publish final rules by the end of the year, but it now says the changes will not be confirmed until 2013. It intends to give platforms a 12-month period from when the rules are published to make the required changes.
An FSA spokeswoman says: “Consultation paper 12/12 closed for responses at the end of September. Responses raised a variety of questions including the tax treatment of rebates and payments to platforms. We are taking the points raised into account and we understand that HMRC is working on clarifying the tax position. We intend to publish the policy statement in 2013.”