{"id":255761,"date":"2025-07-11T08:57:13","date_gmt":"2025-07-11T08:57:13","guid":{"rendered":"https:\/\/www.europesays.com\/uk\/255761\/"},"modified":"2025-07-11T08:57:13","modified_gmt":"2025-07-11T08:57:13","slug":"insurance-europe-welcomes-eu-savings-investment-plan","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/uk\/255761\/","title":{"rendered":"Insurance Europe Welcomes EU Savings &#038; Investment Plan &#8211;"},"content":{"rendered":"<p><a href=\"https:\/\/www.genasystech.com\/?utm_campaign=110019833-Insurance%20Edge&amp;utm_source=insuranceedge&amp;utm_medium=Banner%20Ad&amp;utm_content=banner-image\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" width=\"1005\" height=\"335\" src=\"https:\/\/www.europesays.com\/uk\/wp-content\/uploads\/2025\/05\/Tame-The-Beast-Banner-Ad-genasys-.png\" alt=\"\" class=\"wp-image-78776\"  \/><\/a><\/p>\n<p><img decoding=\"async\" src=\"https:\/\/www.europesays.com\/uk\/wp-content\/uploads\/2025\/07\/flag_of_europe-svg1-e1722236418384.png\" alt=\"\" title=\"flag_of_europe-svg\"\/><\/p>\n<p class=\"ai-optimize-6 ai-optimize-introduction\" data-olk-copy-source=\"MessageBody\">The latest from Insurance Europe;<\/p>\n<p class=\"ai-optimize-6 ai-optimize-introduction\" data-olk-copy-source=\"MessageBody\">Insurance Europe welcomes the ambition of the EU\u2019s <a title=\"https:\/\/finance.ec.europa.eu\/regulation-and-supervision\/savings-and-investments-union_en\" href=\"https:\/\/finance.ec.europa.eu\/regulation-and-supervision\/savings-and-investments-union_en\" target=\"_blank\" rel=\"noreferrer noopener\" data-auth=\"NotApplicable\">Savings and Investment Union<\/a>\u00a0(SIU) to boost retail participation in capital markets. Insurance Europe, however, cautions that the European Commission\u2019s\u00a0<a title=\"https:\/\/ec.europa.eu\/info\/law\/better-regulation\/have-your-say\/initiatives\/14724-Recommendation-on-savings-and-investment-accounts_en\" href=\"https:\/\/ec.europa.eu\/info\/law\/better-regulation\/have-your-say\/initiatives\/14724-Recommendation-on-savings-and-investment-accounts_en\" target=\"_blank\" rel=\"noreferrer noopener\" data-auth=\"NotApplicable\">latest plan<\/a>\u00a0to develop savings and investments \u2018\u2018accounts\u2019\u2019 will fall short unless it includes insurers as product providers and insurance within its scope. This would help increase consumer choice, increase market competition and drive innovation.<\/p>\n<p class=\"ai-optimize-7\">\u00a0In its\u00a0<a title=\"https:\/\/view.officeapps.live.com\/op\/view.aspx?src=https%3A%2F%2Finsuranceeurope.eu%2Fmediaitem%2F67799a69-33e5-4732-adde-6094ef5bc0b0%2FEXCO-CMU-25-056%2B%25281%2529.docx%3Finline%3D1&amp;wdOrigin=BROWSELINK\" href=\"https:\/\/view.officeapps.live.com\/op\/view.aspx?src=https%3A%2F%2Finsuranceeurope.eu%2Fmediaitem%2F67799a69-33e5-4732-adde-6094ef5bc0b0%2FEXCO-CMU-25-056%2B%25281%2529.docx%3Finline%3D1&amp;wdOrigin=BROWSELINK\" target=\"_blank\" rel=\"noreferrer noopener\" data-auth=\"NotApplicable\">consultation response<\/a>, the federation stresses that insurers are close to people due to their wide network of distributors. The insurance industry gives peace of mind to many savers who would not otherwise dare to invest, by offering financial guarantees and insurance protection. Moreover, insurers offer a range of life investment and pension products that enable people with differing needs and risk profiles to invest in capital markets.<\/p>\n<p class=\"ai-optimize-8\">\u00a0Thea Utoft H\u00f8j Jensen, Director General of Insurance Europe, commented: \u2018Any EU savings and investments plan must be inclusive. Insurers are uniquely placed to reach as many people as possible, due to their extensive distribution networks and range of products. Excluding insurance would also be a missed opportunity to help tackle Europe\u2019s pension gap and channel investment towards the green transition\u2019.<\/p>\n<p class=\"ai-optimize-9\">\u00a0Insurance Europe therefore calls on the European Commission to ensure that the forthcoming recommendation is inclusive, promoting a wide range of investment and insurance solutions rather than restricting its scope to \u2018\u2018accounts\u2019\u2019.<\/p>\n<p class=\"ai-optimize-10\">\u00a0The federation also emphasises the importance of national tax incentives for products that bring societal benefits, and in the key role of financial and insurance education to increase citizens\u2019 awareness about the different investment opportunities available in the market.<\/p>\n<p>Like this:<\/p>\n<p>Like Loading&#8230;<\/p>\n<p><a class=\"sd-link-color\"\/><\/p>\n<p>\n\tRelated<\/p>\n","protected":false},"excerpt":{"rendered":"The latest from Insurance Europe; Insurance Europe welcomes the ambition of the EU\u2019s Savings and Investment Union\u00a0(SIU) to&hellip;\n","protected":false},"author":2,"featured_media":255762,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5174],"tags":[2000,98283,299,5187,98284,1197,98285],"class_list":{"0":"post-255761","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-eu","8":"tag-eu","9":"tag-eu-plan","10":"tag-europe","11":"tag-european","12":"tag-insurance-regulation","13":"tag-investment","14":"tag-savings-pension"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@uk\/114833774711588202","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/255761","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/comments?post=255761"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/255761\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media\/255762"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media?parent=255761"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/categories?post=255761"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/tags?post=255761"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}