Today Ms Anne-Sophie Parent, Secretary General of AGE Platform Europe, and Mr Guillaume Prache, Managing Director of BETTER FINANCE, the European Federation of Investors and Financial Services Users, sent an Open Letter to the European Commission and European Parliament’s ECON Committee on the issue of the draft level 2 rules for the Key Information Document (“KID”) of “retail” investment products (“PRIIPs”) proposed by the European Supervisory Authorities.
Please find enclosed BETTER FINANCE’s joint open letter together with AGE Platform Europe on the devastating impact of rejecting the draft Regulatory Technical Standards (level 2) on PRIIPS for EU citizens as long term and pension savers.
