The Dutch insurers association will not take part in talks with consumer groups about controversial investment-based policies, the Financieele Dagblad reports today.

The paper says the association sees no merit in the talks and claims that the sector as a whole has not been negligent in the information supplied to clients.
It argues that the sector as a whole cannot be held responsible for individual problems. Investment-based mortgages and related savings products have come under heavy fire recently from a wide range of interest groups who have criticised the lack of transparency and high charges.