Investors are running out of time to reclaim a share of £4.6 billion in commission fees applied by Swiss financial products providers.
Swiss law firm Liti-Link is seeking to recover retrocession fees also known as ‘kickback commissions’ as many banks and other asset management companies in Switzerland continue to “unlawfully withheld billions in commission fees,” according to its CEO Hubert Schwärzler (pictured) . “These commission fees are called retrocessions in Switzerland and were a well-established and lucrative business model for Swiss banks, asset management companies and financial ser
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