Another article citing BETTER FINANCE’s work was published earlier this week by the Financial Times, reporting on the poor returns of pension funds in the E.U. Under the headline ‘Should the wealthy be worried about the pension penury ahead?’, Jeremy Woolfe quotes the Pension Savings Report: The Real Return (2017) in a piece looking into
On Tuesday, June 28th, the President of the PanSlovenian Investors’ & Shareholders’ Association, Kristjan Verbič, spoke at a rally to support workers and minority shareholders in their protest of the Slovenian Sovereign Holdings (SSH), a majority shareholder of the Port of Koper (Luka Koper), changing the company’s supervisory board. The Port of Koper, is one
FT Money has scrutinised the small print, to reveal where Brexit could put your finances most at risk, and where a divorce from the EU could be welcomed. Some excerpts: The UK government has said two years is too short a time to finalise what would be one of the most complicated divorces in history.
BETTER FINANCE was mentioned in an article made by the newspaper Déontofi concerning the life insurance in Europe. Read the full article in french here.
In an article for French financial newspaper La Tribune, Bernard Cherlonneix, chairman of the “Institut pour le renouveau démocratique”, took a closer look at the role of central banks today’s economy. Mr Cherlonneix argues that central banks are in a state of what he calls "fearful schizophrenia" and questions how they can justify advocating “orthodox fiscal management”
Known for its role in exposing the abuse by the Cref, the now insolvent organisation for optional pension plans for civil servants, Arcaf, the National Association for Public Employee Pension Savers in France, continues to alert consumers about vulnerabilities at the heart of Corem, the successor to Cref, that were kept hidden from affiliates. Deontofi.com
Juan Manuel Viver, Policy Officer at BETTER FINANCE, was quoted in Europolitics on European long-term investment funds (ELTIFs). Since the negotiations are now entering the final phase, the main concern is the protection of retail investors. Juan Manuel Viver belives ELTIFs are not really "appropriate for small investors since these funds are not very liquid". "Since these new funds are
Reuters and Yahoo Finance – reporting on the attempted hostile takeover of Dutch KPN by America Movil – quoted EuroFinUse’s advice to shareholders against poison pill plans. These defensive tactics, or shareholder rights plans, are used by corporations’ board of directors against hostile takeovers in order to prevent takeover bidders from negotiating directly with shareholders,
The EFAMA conference was a good opportunity for Steven Maijoor, Chair of the European Securities and Markets Authority, to recall the ongoing research into the practice of closet indexing by European fund managers and to reiterate assurances that the financial industry’s regulator will continue to take a look at this harmful activity for both the
La Commission européenne doit dévoiler prochainement des normes techniques de réglementation ("RTS", en jargon bruxellois) relatives au "règlement sur les documents d’informations clés relatifs aux produits d’investissement packagés de détail et fondés sur l’assurance" (communément appelés "PRIIPs"). Ce texte, qui rentrera en vigueur le 1er janvier 2017, oblige les banques, les fonds d’investissement et les