Financial advisers unhappy with Central Bank initiative

Financial advisers unhappy with Central Bank initiative
The new Central Bank HQ at North Wall Quay in Dublin 1 Picture: Fergal Phillips Inset: Philip Lane

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.

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