Conference: is it time to ban commissions in financial advice?

BEUC NEWS - 7.10.2019

BEUC is co-organising a with influential EU-level think-tank CEPS and the European Capital Markets Institute to look at what needs to be done to better protect consumers in retail finance.


One of the solutions, BEUC believes, is to urgently that financial advisors receive to promote certain investment products to consumers. As a result, the products that consumers purchase are not necessarily always in their interest, which leads to them losing money and trust in financial advisers.

The conference ‘’ will be an opportunity to also look at whether transparency on cost/performance of products has improved outcomes for consumers, whether policy makers should favour certain products and investment strategies over others, or whether supervision across the EU needs improving.

Come and join us for this exciting event and find out what the ban on kickbacks in the Netherlands and the UK has achieved, and why it’s time to do the same at EU level.


28 November 2019, 13:00-14:30


CEPS - Centre for European Policy Studies, 1 Place du Congrès/Congresplein, 1000 Brussels


  • Monique Goyens, Director General, The European Consumer Organisation - BEUC
  • Paolo Sodini, Professor of Finance, Stockholm School of Economics
  • Sven Gentner, Head of Unit, Asset Management, DG FISMA, European Commission
  • Michael Gruener, Head of EMEA Retail, BlackRock
  • Salvatore Gnoni, ESMA

Moderated by: Karel Lannoo, CEO, CEPS and General Manager, ECMI


To register for the event, click .

our factsheet on why we need independent advice.

Read our on why it’s time to ban the kickbacks in financial advice.