EFPA–FECIF Joint Press Release Brussels, 19 May 2026
FECIF and EFPA have jointly addressed Commissioner Maria Luís Albuquerque following her 10 April speech in Helsinki, welcoming the European Commission’s commitment to strengthening retail participation in capital markets and improving financial literacy across the Union.
In their letter, the two organisations underline that financial education and professional financial advice are complementary pillars, each serving a distinct purpose in empowering citizens. While education equips individuals with foundational understanding, qualified and regulated advisers translate that knowledge into personalised, suitable decisions, ensuring that savers can navigate increasingly complex financial choices responsibly.
The joint statement also highlights the critical role of high‑quality advice in safeguarding citizens against misinformation, unregulated financial influencers, and potential misconduct—factors that can undermine trust in financial markets and hinder long‑term savings mobilisation.
FECIF and EFPA reiterate their support for the Commission’s objectives under the Savings and Investments Union and express their readiness to engage in constructive dialogue with Commissioner Albuquerque and her services to further strengthen professional standards and enhance citizens’ access to trusted advice.
For more information or to request an interview, please contact the EFPA or FECIF Secretariat.
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