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fund regs will impact negatively on advisers

By Mark Battersby, 13 Nov 12

One third of financial advisers believe the current overhaul of fund distribution regulation in a number of jurisdictions will impact on them negatively, according to the results of a poll conducted by International Adviser.

One third of financial advisers believe the current overhaul of fund distribution regulation in a number of jurisdictions will impact on them negatively, according to the results of a poll conducted by International Adviser.

This was the single highest response in the range of four possible answers and it demonstrates the concerns there are in different parts of the world about the growing amount of regulation in this area. 

But the poll also showed that 20% of respondents felt that fund regulation changes will have a positive impact, and 25% of those in the poll thought the impact would be minimal.

That left a further 20% who thought the regulations would not affect them in any shape or form, indicating a much more relaxed attitude among one fifth of the respondents.

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International Adviser covers the global intermediary market that uses cross-border insurance, investments, banking and pension products on behalf of their high-net-worth clients. No news, articles or content may be reproduced in part or in full without express permission of International Adviser.