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Scotiabank eliminates funds with embedded advisory fees for discount brokerage
Advisory Fees: Scotia Bank Bank of Nova Scotia’s BNS-T +0.06%increase online brokerage, Scotia iTrade, is the latest financial institution to stop selling mutual funds with embedded advisory fees in preparation of coming regulatory changes that will no longer allow online trading platforms to collect trailing commissions. Scotia iTrade stopped all sales of investment funds that include trailing commissions […]