Maximilian Bierbaum is head of research at New Financial, a European capital markets think tank. His recent research focused on widening retail participation in equity markets, the reform of pensions in the UK and the EU, and the simplification of the framework for financial services in the EU. Before joining New Financial, Maximilian worked at the City of London Corporation where his research evaluated the UK’s business environment for financial and professional services, and at pan-European economic consulting firm Oxera.