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Insurers, asset managers may need unified consumer rules, EU finance chief says

By Jack Schickler ( November 25, 2019, 16:44 GMT | Insight) -- Insurers or asset managers selling retail financial products could get a single set of consumer protection rules, the head of the European Commission’s financial-services arm has said. The proposed new rules could end a situation where retail investors get a different level of protection depending on who they buy the product from, Olivier Guersent, director-general for financial services at the EU executive said today.Insurers or asset managers selling retail financial products could get a single set of consumer protection rules, the head of the European Commission’s financial-services arm has said....

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