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An upcoming rule change requiring advisors to have a deeper knowledge of the funds they sell is prompting some banks to stop the sale of
An upcoming rule change requiring advisors to have a deeper knowledge of the funds they sell is prompting some banks to stop the sale of third-party funds through the Financial Planning channel. Going forward, banks propose selling only their own proprietary products. Do you think this is the right approach for banks to take? Argue your position from the perspective of both the banks and their clients. Draw on points presented in the Financial Planning
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