Is MiFID II inadvertently squeezing out smaller brokers?

MiFID II attempts to reduce conflicts of interest associated with research by brokers, but one year on from implementation and many smaller brokers have found themselves under financial pressure. Small and mid-cap firms are facing the burden of complying with the regulation and being undercut by the willingness of the large banks to provide research services at lower cost. 

Pension contributions set to rise

From 6th April 2019, the total minimum amount being paid into the workplace pension both by the employer and the employee will increase from 5% to 8 % of qualifying earnings due to a change in workplace pension regulations.  (This is based on a qualifying earnings scheme.) 
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