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Sales Commission Ban Trims Ranks of Advisors in Other Countries

Friday, Oct 25 2013
News Roundup
Written by  PFA News

Countries that have banned sales commission as compensation for advisors have seen a significant drop in the number of practicing advisors. So reports WealthManagement.

Both the Netherlands and the United Kingdom have banned commissions and have seen a drop in the number of advisors, as many professionals have either retired or changed careers, according to speakers during the Financial Planning Association’s Experience 2013 conference in Orlando.

Read the full article from WealthManagement.

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