A ban on commissions for retail investment advice was introduced in the United Kingdom at the end of 2012. The ban is applicable to investment advisers irrespective of whether they give independent or restricted advice to retail clients. The EU also considered a general ban on commissions during the MiFID revision process, but in the end never implemented it. However, the discussions about introducing a ban goes on in serveral countries, also in Sweden. Welcome to a seminar where we’ll learn about the experiences in the UK. Has the ban solved the problems with conflicts of interests? Has the consumer protection improved? How is the British market affected?
Speaker:
Jonathan Lipkin, Director Policy, Strategy & Research at The Investment Association
Very welcome!