Fund platform challenger: Kickbacks have no place in the fund industry

The Swedish FSA already wants it. Now it's’s time for the regulator to propose a fund distribution fee ban and get parliamentary action on this "outdated system", Swedish fund platform CEO demands.

Daniel Aarenstrup, CEO, Savr | Photo: PR / Savr

In a recent financial conference, Swedish FSA's General Director Erik Thedéen took another swipe at the tradition where distributors take commissions from managers to sell their funds.

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