Speakers
Objectives
This session will focus on the prospects for new investment products and product labels to support retail investment, and on possible measures that might be needed in addition to the Retail Investment Strategy (RIS) to develop long term retail investment.
This session will first assess whether new or improved investment products or product labels are needed in the EU to promote long-term retail investment, as suggested by some recent reports on the future of the CMU, what their key features might be and what added value they might offer over existing European and domestic products.
The panel will also discuss what further policy measures are needed to develop long-term retail investment in Europe, beyond those proposed in the RIS, and what best practices and new trends are emerging at industry level that should be considered to facilitate long-term retail investment.
Points of discussion
- Long term retail investment products: Do long-term retail investment products need to be improved or completed in the EU, as suggested in some recent reports on the future of the CMU? Should the main objective of these improvements be to channel investment into the EU economy or to improve long-term returns for retail investors and can the two objectives be combined? What may be the main features of such products and their added value compared to existing products? How may the improvement of EU long term retail investment products be achieved and what lessons can be learned from the PEPP?
- Further priorities for developing long term retail investment: Are further policy measures needed to foster long term retail investment beyond the RIS proposals? How may the EU contribute to such efforts, given the limited prerogatives of the EU in the area of tax and pensions in particular? Can improved investment solutions based on financial planning, wealth management or progressive investment plans play a significant role in the development of long-term retail investment?