Italian register of fee-only advisers could change retail investment landscape

Borsa Italiana may see more volumes when rules are introduced

The register of fee-only advisers that is being introduced in Italy could have a big impact on the future shape of the structured products industry. The register is being introduced under rules being put together by financial regulator the Commissione Nazionale per le Società e la Borsa (Consob), which are expected to be introduced before the end of this year. Although the fee-only advisory industry in Italy is quite small, the introduction of a register will make investors more aware