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Topic starter
18/01/2023 1:46 pm
I read this week that the EU is possibly banning commissions: "The growing pressure on the EC includes a letter from Germany's finance minister Christian Lindner saying that a ban on commission-based sales of financial products from banks and insurers would be a "serious setback" to the European Union's capital market and limit choice for consumers."
What are the best alternatives out there to commission-based financial products?
24/01/2023 8:33 am
The best alternative is always to speak to a fee based adviser if possible. If not, then make sure you understand the amount of commission that will be paid and, if it seems excessive, argue for better terms.