“MiFID II: Too much consumer protection?” By Benedikt Schmal and Alexander Fink, translation by Anna-Maria Köhnke; Courtesy of IREF The recently updated European Markets in Financial Instruments Directive, commonly abbreviated as MiFID II, is supposed to enhance consumers’ protection. Adjustments of regulatory background questions aside, the EU aims to improve “protection of investors by prohibiting the […]
Tag: retirement
Swiss on wrong track with early retirement
Like many developed countries, Switzerland is facing a long-term demographic crunch that threatens to contract the labor market and undermine social pension funding. So it’s a little surprising that the Swiss Federal Council is considering a proposal that would effectively allow older workers to retire seven years earlier than currently, at the age […]