Europe's transaction tax faces more opposition

03/11/2013 | Financial News Online (U.K.) (free content)

Investor-advocacy groups and pension funds are poised to express concerns about Europe's proposed financial-transaction tax. The European Commission and the European Parliament have said the levy would prompt pension funds to hold assets they've purchased to maturity, but the groups are concerned that the tax would negatively affect investors.

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Financial News Online (U.K.) (free content)

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