Belgium’s new budget sparks demand fears

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Belgium's plans to incur new tax levies on investment products are causing a great deal of confusion and concern amongst the country's structured product providers with many reluctant to discuss the issue until the government irons out its proposals at the end of October.

The new rules, which could change the tax-free status of Belgium's savings and investment market was officially voiced during the budget reading earlier in October. It was initially said that funds linked to life insurance p