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Question 12 of 40
Regulation & Ethics
HARD

Under MiFID II, which of the following is NOT classified as a retail client by default?

A
A local authority acting on behalf of its pension scheme
B
An individual with £80,000 in investable assets
C
A small company with turnover below £2m
D
A self-employed professional investor
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Qualifications we cover

Built for the UK’s toughest advice exams.

Qualification

CISI Investment Advice Diploma

IAD
Structure
3 papers
Question bank
4,200+ questions

For: Trainee investment advisers, relationship managers

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Qualification

CII Diploma in Regulated Financial Planning

DipPFS
Structure
6 units
Question bank
6,800+ questions

For: Financial advisers, paraplanners

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