Four regulation hot topics all advisers should know about

Europe has seen a plethora of regulatory reforms over recent years, and especially following the Retail Distribution Review. This is only set to continue as the financial services industry comes to terms with the post-Brexit landscape and other areas of regulatory reform, many of which will have significant business implications for UK advisers.   Capital adequacy rise  The minimum capital adequacy requirement is set to rise from £10,000 to £20,000. Adviser firms will have to hold either 5% of annual investment business income or £20,000, whichever is higher. While perhaps not...