The majority of advisers believe the Markets in Financial Instruments Directive II (MiFID II) regulation will lead to an increase in restricted advice, according to a study of 612 financial advisers by CoreData Research.
Almost half (45%) of the advisers surveyed expected the incoming European regulation would negatively impact the advice sector, compared with one-sixth (17%) who said they thought it would be beneficial....
Two global vehicles
'Further plug advice gap'
Must appoint separate CEOs and boards
Advisers do come out well
Will report to Mark Till