Sharon Bowles attacks banks' 'rip-off' advice charges

Dale, Samuel
January 2013
Money Marketing (Online Edition);1/15/2013, p16
The article reports on the criticism of Economic and Monetary Affairs committee chairman Sharon Bowles against banks' that imposed rip-off advice charges in Great Britain. It states that high street banks were attacked by Bowles for imposing rip-off investment advice charging structures after the retail distribution review (RDR). Bowles argued that she will push for a cap on advice charges to ensure that people are not ripped off.


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