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Why reversing MiFID II unbundling would be a grave mistake

Maintaining current rules will not only improve transparency, but also encourage fund managers to find investment gems for themselves

Reverting to the old system would be a step backward for an industry that has already made progress in eliminating conflicts of interest
Reverting to the old system would be a step backward for an industry that has already made progress in eliminating conflicts of interest

Daniel Godfrey is the former chief executive of the Investment Association and a senior adviser at Digital Moneybox, a fintech startup

Whilst some of the government's mooted Edinburgh Reforms are welcome, one in particular should give cause for serious concern.

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