Stock market participation remains low, especially among the older, less affluent, and less educated households, despite its clear benefits for wealth preservation and growth. Although digitisation has reduced some barriers, many households remain disengaged. Using data from a Chinese investment platform, this column shows that digital nudges and financial education via the platform increase stock […]
Expanding funded pensions via auto-enrolment could boost long-term investment and saver security, allowing the EU to address its investment gap. The European Union faces a significant investment gap. Meanwhile, an ageing population is putting pressure on the EU’s predominantly unfunded pension systems. Insurance companies and pension funds sit at the intersection of these challenges: as […]
Combining product and capital market reforms at EU level with labour market and social policies at national level would be desirable, particularly within the euro area. The Lisbon Agenda has failed to deliver this coordination. The best policy strategy would be for the EU to go back to basics and focus all efforts on completing […]
