Three main policy proposals within the Green Paper on Ageing consultation responses and attached report, ‘A Wrinkle in the Process: Financial Inclusion Barriers in an Ageing Europe’ are :
- Full implementation of the UN Convention on the Rights of Persons with Disabilities to address mainstream disability and improve access within and beyond the labour market to enable the extension of working life and pension adequacy.
- Revive the Horizontal Directive, the 2008 Proposal for a Council Directive on implementing the principle of equal treatment between persons irrespective of religion or belief, disability, age or sexual orientation. Doing so provides protection against age discrimination – a major barrier for access of financial tools and services.
- Move ahead with initiatives to widen access to and use of a basic set of financial tools and services necessary for inclusion and a dignified life. Initiatives include amendments to the Insurance Distribution Directive and Consumer Credit Directive, bolstering of the cash framework, reducing banking fees, expanding assistive technology and device classification and continuous collaboration with elderly, consumer and labor union organisations.