On Friday 13 July, the organisation BETTER FINANCE expressed its concern at recent legislative developments over the proposal to create a controlled quality label for pan-European personal pension products (PEPP).
Approached by EUROPE for comment on Tuesday 17 July, the organisation said that it was particularly disappointed at the Council's approach concerning the protection of capital.
Readers may recall that the initial proposal, announced one year ago (see EUROPE 11819), gave savers a...