Inducement ban could boost retail ETF investment, says EU commissioner – Ignites Europe

The EU’s financial services chief has said an EU-wide ban on inducements could enable greater retail investment in exchange traded funds, leading to better returns for consumers.

Mairead McGuinness, European commissioner for financial stability, financial services and the capital markets union, says inducements paid to financial advisers by product manufacturers are leading to poor outcomes for retail investors in the EU.

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