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Josephine Cassar posting from ProZ.com shared:

Text about how little Italians save and that they invest without seeking advice from an intermediary, how intermediary often have conflict of interest when offering advice and why and how author proposes to change the system and what helps and what incentives he is suggesting. interesting perspective

What has been missing is a serious debate on Italian households', Italy has a low participation rate in managed savings when compared to other European countries, remove capital gains taxation on investment with holding periods longer than 3 years, the excessive dispersion of competences among regulators does not make the system particularly efficient, a structural asymmetry between intermediaries and clients due to lack of financial knowledge


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  • Italian to English
  • 4860 words
  • Finance (general)
(edited)