Date: 21st June 2018
Author: BETTER FINANCE
BETTER FINANCE`s 2017 study on the Mis-selling of Financial Products put mis-selling on the radar of the EP, with five recent ECON studies referencing the study as well as quoting BETTER FINANCE`s extensive work on the subject. Also quoted was BETTER FINANCE`s replication of the 2016 ESMA study on closet indexing. Although the fact that research by BETTER FINANCE put mis-selling of financial products at the forefront of debates such as the ECON Public Hearing that took place on the 19th of June building, there is still a long road ahead before a sufficient level of consumer protection in the field of financial services can be ensured.