Fund Management

Danish FSA: Customers pay the same despite commission ban

Last year, banks were no longer allowed to charge commission from investment fund providers. But according to a survey from Denmark's financial watchdog, clients are still paying the same amount in total costs.
Photo: /ritzau/Lærke Posselt
Photo: /ritzau/Lærke Posselt
by THOMAS BO CHRISTENSEN

One year ago, a ban was introduced on banks charging commission from providers of investment funds in connection with portfolio management schemes.

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