Date: 5th October 2016
Author:
Type: In the news
Valdis Dombrovskis, vice president of the European Commission, is to launch an official investigation of long-term retail investment and pension products.
In a speech marking a year since the publication of the Capital Markets Union action plan, Dombrovskis said creating a competitive single market for European consumer finance services remained a priority. As a result, he will ask the European Supervisory Authorities (ESAs) to scrutinise the transparency of long-term retail investment and pension products, and their actual net performance and fees.
Read the full article here.