Speakers
Objectives
The objective of this session is to discuss the policy measures needed to develop retail investment in Europe and whether they are adequately addressed in the current initiatives led by the Commission (in particular the Retail Investment Strategy and the Savings and Investment Union). The role of technology and industry best practices will also be discussed.The first round will take stock of the progress made on the RIS proposal and identify the main issues that need to be addressed and clarified during the trilogue negotiations, in order to ensure that the RIS meets the intended objectives of the Strategy (i.e. ensure that retail investors are treated fairly and offered adequate choice when accessing investment products). In the second round, the panellists will discuss further policy measures that may need to be considered in the next steps of the SIU to encourage retail investment, in particular the improvement of financial literacy, as well as innovative industry practices that may encourage retail investment (e.g. use of digital tools or financial planning approaches).
Points of discussion
- RIS proposal next steps: Can the RIS measures proposed, considering the positions agreed by the co-legislators, contribute significantly to the development of retail investment in Europe? Are there major aspects of the RIS proposal that need to be further reviewed during the trilogue negotiations to ensure that the RIS achieves the intended objectives of the Strategy? Is an adjustment or a simplification of certain RIS requirements needed?
- Additional actions to develop retail investment: What other policy measures should be considered in the SIU’s next steps to promote retail investment? What can be done at EU level to improve financial literacy? Are additional policy measures needed, e.g. to improve the quality of advice and investor information? Can financial planning solutions and digital tools play a key role in developing retail investment and how can their use be further developed?