On the 24th of April 2018 Le Vif published an article outlining BETTER FINANCE`s stated concerns on poor performance of savings through retirement products, resulting from fees and taxes limiting interest rates. The article was published in light of political authorities` desire to encourage savings through such retirement products. To read full article: "L’épargne-pension ne rapporte pas
The Covid-crisis has become profitable for some in the financial sector. Among those who profit, are the Exchange Traded Funds (ETF), that seem to have stood up quite well in the face of the economic recession in recent months, and are now emerging stronger compared to traditional index funds. Charles Symons, Director of iShares in
DATE Publication and Article Title (with links) 26/01/2018 FT – Slippage causes confusion in Mifid II fund rules row 05/02/2018 Les Echos – La réforme de l’épargne-retraite divise les professionnels 08/02/2018 La Libre – PRIIPs Un règlement qui trompe linvestisseur 14/02/2018 Law360 – Blocwide Pensions Don’t Prevent Dangers, Groups Warn 04/03/2018 Financial News – Asset
The challenge of an aging population is getting more and more acute every day. On the one hand, the European Commission states that close to one out of five people over 65 in the European Union are at risk of poverty and that women are not sufficiently protected with regard to their rights to an
Despite 9 years of procedure and negotiations, the Court of Appeal of Amsterdam has declared non-binding the €12 billion settlement agreed by Fortis (now Ageas) and the consumer associations (Deminor, StichtingFortisEffect, VEB, Sicaf…) non-binding. In March 2016, Ageas agreed with the consumers associations to find a settlement that had to be endorsed by the Court
There are differences between intermediated or “packaged” investments (life insurance, funds, savings plans, etc.) and direct investments in capital markets (ETFs, bonds, shares). Several independent studies indicate that the higher the annual fees, the lower the average medium and long-term returns of investment products. Annual fees for intermediated products are much higher than those for direct savings in securities. The impact of these fees in France has been especially significant for certain insurance