Faculty of Economics and Business Administration Publications Database

Consumer Protection and the Role of Advice in the Market for Retail Financial Services

Volume: 167
Number: 1
Pages: 4 - 21
Month: March
ISSN-Print: 0932-4569
Link External Source: Online Version
Year: 2011
Abstract: This paper offers a review of key stylized facts of the market for retail financial services. Financial advice plays a key role in this market. The paper then discusses the relevant academic literature and, in particular, recent contributions that deal with the role of advice in this market. Various policy options are discussed as well.