The key priorities of the EU Retail Investment Strategy were presented mainly in regard to coherent protection of various legal instruments, building on the competitiveness and cost efficiency of products, as well as bias-free advice. VZMD and European Federation of Investors and Financial Services Users (BETTER FINANCE) supports and give further impetus to the EU Retail Investment Strategy, particularly in view of providing bias-free advice of financial service providers in their relation with the customers. These topics had been presented two days ago in Brussels as well, at the General Assembly and International conference of BETTER FINANCE, and also by the European Commissioner for financial services, financial stability and the Capital Markets Union, Mairead McGuinness.

The FSUG was established by the European Commission in 2010 in order to include the financial services users in the process of preparation of the regulations, procedures, and policies at the EU level; as of now, it has 20 members from 11 EU countries, with VZMD President, Mr. Verbič, as the sole representative from Slovenia. The latter took the past FSUG meetings to share his numerous constructive proposals and remarks, and has been very vocal regarding some controversial practices picked up by the Association.