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Cover of: Consumer Protection and the Role of Advice in the Market for Retail Financial Services
Roman Inderst

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

Section: Articles
Volume 167 (2011) / Issue 1, pp. 4-21 (18)
Published 09.07.2018
DOI 10.1628/093245611794656417
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  • 10.1628/093245611794656417
Summary
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. (JEL: D1)