Date: 5th October 2016
Author:

BETTER FINANCE alongside with fund managers and Politicians have failed to persuade the European Union to implement amendments that were aimed at making documents easier to understand and more reliable for investors.

Guillaume Prache, managing director of BETTER FINANCE, said the European Commission’s decision last week to sign off the rules without any amendments was disappointing “It is a sad day for European savers”. 

Please read the full article here and the BETTER FINANCE position on PRIIPS here.