MiFID

Follows an eventful first half of the year

Growing regulatory pressures

Another change of stance on fee transparency

'Exceptional technical implementation challenges'

Must identify risks and costs of bundled products

Grants reporting immunity to fund managers

Imagine going to buy bread from a baker who promises to try his best to bake a good loaf, but cannot promise the outcome, nor tell you how much it will cost. Chances are his bakery will not survive long. Yet, the nature of fund management means an investor...

FCA chairman John Griffith-Jones has said a delay to MiFID II implementation is "not ideal" but a year-long reprieve would provide a more achievable timeframe for firms.

Winterflood Business Services' Alex Kerry explains what investors need to be aware of as the MiFID implementation deadline approaches.

The Wealth Management Association (WMA) has attacked the "failure" of the RDR to clearly define 'independent' advisers and suggested MiFID II's description would be a better suggestion.