A number of investment trust research providers have unveiled details of the services they will offer for different clients once MiFID II comes into force on 3 January, with the legislation considered a game-changer for the sector.
Under the new rules, sell-side firms need to provide buy-side clients with unbundled costs of trading, separately identifying and charging for execution, research and other advisory services. Buy-side...
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More than 4,500 retail investors affected
Paid out £54m in related compensation
Investor urges fund group to be more cautious on promoting funds
Changes to take place by next year