Politics may have continued to dominate the headlines and shake up markets but, in the world of advice, regulation and technology have been the hot topics reshaping the sector. Here are three key moments from the past year
Forget Brexit and Trump - if you can - this year, preparations for the second incarnation of the EU's Markets in Financial Instruments Directive (MiFID II) and the Financial Conduct Authority's (FCA) response to the continued growth of the defined benefit (DB) transfer market were arguably the areas advisers most needed to watch. Along with NatWest launching a robo-advice service, these were the stories from the last 12 months the Professional Adviser team felt had some serious implications for financial advisers … FCA proposes to drop unsuitable DB transfer assumption In a July co...
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