Almary Green is considering releasing around 500 clients due to MiFID II suitability requirements "effectively doubling up" its workload, the firm's managing director Carl Lamb has revealed.
"If you follow MiFID II to the letter with regard to proving suitability then, rather than one appointment with a client you actually need two - so you're doubling up your work," Lamb (pictured) told Professional...
View from the front row
Project Libra unveiled
Including SJP and investment trusts
Spent two years at Sanlam
Will also assess FCA's actions