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FCA updates guidance on 'basic advice' under Mifid II

Retrieved on: 2018-04-19 16:03:45

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FCA updates guidance on 'basic advice' under Mifid II. View article details on hiswai:

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<div>Advisers will not be able to give 'basic advice' on stakeholder products that fall under <b>Mifid</b> II and the Insurance Distribution Directive, the FCA has confirmed. Basic advice rules, which date back to 2005 and allow the provision of simpler and lower-cost advice to consumers on a range of stakeholder ...</div>

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