Simple and standardised financial products

About

BEUC is pushing for the development of simpler financial products across retail finance and for there to be a standard, default, low-risk option by law in every category of financial product. This would help consumers make better and less risky choices when they decide what to do with their money. Because this is an area that can have such a damaging impact on consumer lives, it is crucial that the market and regulators take action to propose better, more suitable and less risky products to consumers.