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“Breaking up is hard to do” and MiFID11

by Chris Bate on 25·09·2018

The consequence of MiFID is that if you take a fee for providing a service you have to provide that service or refund the fee. Quite straightforward really and fair to the client, the rub comes when advisers and their firms work out the real cost of providing that service in a post MiFID11 world.

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