Monday, October 3, 2011

A Hesitant Revolution In Paying For Financial Advice, October 3rd 2011

In the UK, financial advisors have until the 31.12.2012 to amend the way they do business and bill their client for the investments advice they provide. They will not be entitled to receive kickbacks from funds or banks anymore. This is a huge steps towards more transparency and less conflict of interest. Let’s hope that other European countries will follow.

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