Financial advisers unhappy with Central Bank initiative

Financial advisers unhappy with Central Bank initiative

The Central Bank’s proposal to reform the issue of commission payments to financial advisers will meet with opposition

Proposals published late last month by the Central Bank aim to clamp down on commission payments to financial advisers and make financial advice more transparent for consumers, but the regulator is likely to face some resistance from the financial services industry.

Under the new proposals on how financial intermediaries should be paid, certain types of commission and other inducements would no longer be allowed.

The regulator wants financial advisers to make it clear to consumers...

Subscribe from just 1€

Exclusive offers

Choose the subscription that is right for you

Monthly Subscription

€1

For the first month

€19.99 Monthly Thereafter

Subscribe today

Cancel anytime

Annual Subscription

€200€149

For the first year

€199.99 annually thereafter

Subscribe today

Cancel anytime

Quarterly Subscription

€55€42

For the first 90 days

€55.00 quarterly Thereafter

Subscribe today

Cancel anytime

These offers are not available for current subscribers. Offers and pricing are subject to change without notice.

Terms & Conditions Apply

Please Subscribe or Log in to continue

Subscribe Login

Related Articles

More from The Business Post