Huge differences in banks' kickback policies
Danske Bank keeps most of the retrocession commissions it receives from fund managers, while some other banks have lower limits for sharing this fee with their retail customers.
Some banks are highly reluctant to share the kickbacks they receive from fund managers when their retail clients invest in mutual funds, research conducted by AMWatch’s Danish sister media, FinansWatch, reveals.
Already a subscriber?Log in here
Read the whole article
Get access for 14 days for free. No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.
With your free trial you get:
Get full access for you and your coworkers
Start a free company trial todayRelated articles
A quick ban on kickbacks in Norway seems improbable
For subscribers
