Date: 18th November 2021
Author: BETTER FINANCE
Type: Research papers
BETTER FINANCE presents its Evidence Paper on Banning Inducements in retail investment services.
BETTER FINANCE screened available evidence (literature, surveys, experiments, and data) on the effects of allowing vs banning the receipt of inducements by distributors of retail investment services and products. Inducements designate remunerations, such as commissions or kickbacks, paid by third-party financial firms to investment advisors for recommending a service or product to retail clients.