NFU Position Paper on the Retail Investment Strategy
Executive summary
The Nordic Financial Unions (NFU) support the European Commission's initiatives to enhance consumer protection and participation in the retail investment market. Key proposals include increasing transparency in the sales process, improving the quality and training of financial advisors, and promoting financial literacy. However, NFU opposes a ban on inducements, arguing it may lead to higher costs for consumers and adversely affect investment quality. NFU also calls for essential political decisions to be made by EU legislators rather than through secondary legislation.
