IA's Sears calls for EU single market review whatever Brexit vote result

Speaking at this year's Morningstar Investment Conference, Sears (pictured) said access is being limited by bureaucracy and varying local requirements across member states. "Local laws are currently preventing the easy distribution of products and services across the European Union," he said. "If the referendum means that the UK stays in the EU there is still a need to address passports, as the single market remains incomplete. "On the one hand, the loss of passports would be damaging. On the other hand, the persistence of passports in their current form would be a sad compromise comp...