Redefining rebates: Helping to avoid a European rebates ban

In the ever-evolving landscape of the fund distribution industry, a contentious issue looms large: the role of rebates.  These financial incentives have played dual roles as both darlings and villains of the investment world, igniting a debate that centres on the delicate equilibrium between profit and ethics. Critics have long contended that rebates can cast a shadow over the industry's integrity. They argue that these incentives have the potential to compromise the judgment of fund distributors, causing them to prioritise their financial gain over the best interests of their clients...