Mifid
Better regulation not more regulation
European advisory trade association FECIF has set out its four main goals for the coming months: continue lobbying, identifying key MEPs, collating data on the market and boosting its membership where possible.
Carmignac slams MiFID over jeopardising
Edouard Carmignac has said the plans to ban rebates to independent financial advisers proposed in the Markets in Financial Instruments Directive (MiFID) will put Europes open architecture distribution model in serious jeopardy.
WMA doubts RDRs future in a MiFID worlsd
The Wealth Management Association (WMA) has cast further doubt on whether the UK’s Retail Distribution Review (RDR)and the upcoming Markets in Financial Directive (MiFID II) will be able to coexist, as it attempts to cope with the latter’s “horrendous” consultation period.
IFAs face limited product choice in Europe
Advisers in Europe are being forced to offer clients a limited choice of products because many life companies have exited the region to seek more profitable and less heavily regulated markets further east.
Eradicate useless over regulation in the EU FECIF
The honorary chairman of FECIF has called for “creative effort” and “active participation” across Europe to eradicate “useless over regulation” in the EU.