EU 'failing' financial service consumers - APCIMS

Despite bringing down barriers between countries, national governments are still failing to implement tax positions that would encourage consumers to save and invest across borders. And national regulatory changes in the wake of EU-level rule changes are piling on costs, which the consumers may ultimately carry. Altered tax relief is needed to give savers a boost, and encourage them to take greater control of their personal financial needs, Knight says. APCIMS would like to see additional changes implemented, including ensuring financial advisers can offer a “full service”, includi...