MiFID II to spur overhaul of adviser business models - research

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The introduction of the EU's MiFID II legislation looks set to lead advisers to overhaul their business models, research by Investec Wealth & Investment (IW&I) has suggested.

The wealth manager's survey of 94 intermediaries last month found just over half (52%) saying the additional regulatory and compliance demands resulting from the introduction of the second Markets in Financial...

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