Today BETTER FINANCE – together with BEUC and Finance Watch – wrote to Commissioners McGuinness, Reynders and VP Dombrovskis to encourage the Commission to keep up its ambition with regard to the Retail Investment Strategy and to make our case for a ban on inducements.
You can find the letter HERE
We also dispel any fears about an ‘advice gap' resulting from such a ban, and point to evidence from the Netherlands and the UK that illustrates that consumers can still access financial advice despite the ban.
