The European Commission published an overview of progress under Commissioner Albuquerque’s Savings and Investments Union workstream, centred on a major market integration package intended to fully integrate EU financial markets. The update highlights a political agreement to shorten the securities settlement cycle from two days to one, alongside a proposal to revitalise and increase the uptake of securitisation in the EU. It also references measures to boost financial literacy and investment opportunities for citizens to support retail participation, initiatives to increase equity investments by banks and insurers including amendments to the Solvency II Delegated Act and related legislative programmes, and a proposal to strengthen supplementary pensions to help support adequate retirement income.