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There is a growing pensions gap in the European Union and about half of consumers could meaningfully mitigate the risk of poverty in old age for themselves by investing into a good quality retirement savings product, if one was available. However, even the consumers who could, often don’t engage due to mistrust in financial services. Offering a high-quality, standardised product could increase participation by establishing a trustworthy and recognisable option and would meaningfully improve the retirement outlook for a large number of consumers.
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Consumers deserve safe products, whether they purchase them online or offline. In recent years, the surge of products entering the EU, especially from third-country online marketplaces, has led to the growing circulation of unsafe, counterfeit or non-compliant products. This endangers consumers and exposes compliant European businesses to unfair competition.
EU policymakers should reinforce consumer products’ market placement rules and update market surveillance and products’ compliance through the upcoming European Product Act (EPA). This checklist sums up our key recommendations.
EU policymakers should reinforce consumer products’ market placement rules and update market surveillance and products’ compliance through the upcoming European Product Act (EPA). This checklist sums up our key recommendations.
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BEUC, The European Consumer Organisation, together with 13 consumer groups from 13 countries (Albania, Austria, Belgium, Bulgaria, Denmark, France, Germany, Poland, Portugal, Slovakia, Slovenia, Spain and the Netherlands), conducted an evidence-gathering to document the widespread financial scams on Meta, TikTok and Google as well as the limited corrective measures platforms take to prevent their circulation. The screenshots were taken between December 2025 and March 2026. Consumer groups collected 893 examples.