Asset Managers · Asset Servicing

Investment professionals face critics over inducements

Mairead McGuinness, European Commissioner for Financial Services, Financial Stability, and Capital Markets Union
As the European Union considers banning inducements (aka kickbacks) for investment advice as part of its forthcoming retail investment strategy, those who support inducements, like Luxembourg’s ALFI and the worldwide CFA Institute, but also strong critics of inducements, such as the EU’s commissioner for financial services Mairead McGuinness and EU investor and financial service users organisation Better Finance are making their widely divergent views known.
limited_access.body_anonymous