Mifid
Financial advisers unimpressed with Mifid II
Industry says its failed to deliver on objectives to improve integrity, fairness and efficiency
Advice firms interpret cost disclosure rules ‘inconsistently’
The UK’s financial watchdog has reviewed wealth managers’ performance on disclosure requirements
Best Practice | 22 Feb 19
Turning to platforms to tackle Mifid II
A lot of responsibility has fallen on advisers, but a lot of the work has been picked up by platforms
Wealth manager calls on FCA boss to quit over Mifid II
Financial Conduct Authority CEO admits no firm has faced enforcement action on fee transparency
Product governance rules high on UK regulator’s agenda
The FCA’s focus around Mifid II in 2018 was on cost and charges