Financial advisers must choose either to be independent or restricted and can no longer switch between the two types of service, the Financial Conduct Authority (FCA) has said.
In its latest Markets in Financial Instruments Directives II (MiFID II) policy statement the regulator said it was "required" to implement the independence measure because it was a MiFID II "delegated...
Despite improved risk appetite
FOS award limit increase
Relates to 136 million transaction reports
Ceremony will take place 13 November