IMA calls for industry engagement with EU

Richard Saunders, chief executive of the IMA, is urging the investment industry to engage with the EU...

Richard Saunders, chief executive of the IMA, is urging the investment industry to engage with the EU to improve forthcoming directives. Saunders warns there is no mileage in railing against the changes because the political momentum is too strong. "Instead, the approach must be to engage and try to shape the changes," he says. "There is still time to influence the process with well-made reasoning. The industry needs to work out which points really matter and what it can live with. "It then needs to make its arguments clearly, cogently, and in terms of what benefits the consumer." ...