Mifid fee rules aren't helping clients


As Mifid II rules see advisers prepare to inform clients of the exact costs and charges related to their investments, Martin Bamford, chartered financial planner at Informed Choice, discusses why this isn't worthwhile.

In this week's episode of FTAdviser's podcast, Mr Bamford also explains why pension transfers made headlines last year and the potential implications of banning contingent charging, following an inquiry launched by the Work & Pensions select committee.

Finally, he reveals why professional indemnity insurance renewal is taking up his weekends and the possible outcome of the FCA review.

Each week, FTAdviser will be joined by a guest from the industry to discuss the week in news.

To listen to the full podcast click on the link above.

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