Retail investing

From this document, you will learn about the importance of retail investing, its current state in Europe, and the challenges and opportunities for increasing retail participation in financial markets. It covers the benefits of retail participation, such as wealth building, retirement provision, and economic growth. The document also discusses barriers to entry, including financial literacy, taxation, and regulation, and explores the contentious issue of payment for order flow (PFOF) and its impact on market efficiency and investor protection.