Netherlands Bank paper trials ban on commission

netherlands flag

A working paper published by the Netherlands Bank, on September 13, analyses the impact on the quality of financial advice when commission payments to financial advisers are prohibited.

The model used by the author, Janko Gorter, allows financial institutions to advise customers on product suitability directly, as well as via market intermediaries. The results of the ban crucially depend on customer alertness about the incentives behind advice, the paper says.

Naïve customers believe all

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here:

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: