IDEAL FUND

However, people with average and above-average income levels would require more tailored retirement solutions, which could be achieved by selecting different eligible products as building blocks. Levels of access to such advice would need to be managed and a means of funding would need to be designed. However, many of the current models for basic access to doctors that exist today in Europe would, we believe, provide a good

starting point for the construction of sound retirement advice for the mass-market on an ongoing basis. It is arguable if independent advice, especially for the low income portion of the population would be economical for the advisor. As mentioned above, this advice would be by far less intensive, however, advice for this portion of the population could also be carried out by non-profit state supported organisations.

Figure 7

A physician requires a certification which is accepted across EU

An EU harmonized certification should also be compulsory for investment advisors

The Financial Healthcare model

Profession codex by EU Directive should be independant financial advice in the best interest of the client

A physicians' first and utmost professional codex is to restore patient's health

An advisor must transfer the investor to a specialist if not qualified for a specific need

A physician transfers the patient to a specialist if not qualified to cure a sickness

Use of e-diagnostics / e-prescription

Use of e-financial diagnostics / e-advice

Basic financial advice available to every Individual Independent of his wealth

Basic medical treatment is ensured to the entire population