Guillaume Prache, Managing Director at BETTER FINANCE, was quoted in the Financial Times following his contribution to EFAMA’s report “Building Blocks for Industry Driven Investor Education Initiatives”. Presenting the investors’ perspective on "The fall of financial literacy", Prache suggested that plans to improve financial literacy should include resinstating basic financial mathematics in European curriculums, as
EuroFinUse was quoted by the Financial Times in relation to the European Securities and Markets Authority recent report on structured products. Following "relatively low” returns on investment in structured products over the past five years, the ESMA is concerned that retail investors who invest in structured products that use hedge fund-type strategies might not have
In a article published this week in Les Echos, Sophie Rolland raises the expansion of passive funds over active funds and how these are fighting against the development of passive funds. For a few years now, active funds face competition of passive funds. According to Moody’s, by 2025, passive management will represent over half of
The PRIIPS regulation was initially welcomed as a protection for savers. However the new PRIIPS regulation will impose the submission of a key information document that is not up to scratch. According to Guillaume Prache, Managing Director at BETTER FINANCE; “the text as it stands goes against the protection of savers and investors.” "We want
The savings management industry does not at all satisfy Europeans concludes the annual survey of the European Commission stating that the investment industry, and particularly services related to pension savings, came last of 32 on the services satisfaction index. BETTER FINANCE confirmed this bad result by reporting that European investment funds have returned 1.2% less
In an article published yesterday in the Financial Times Guillaume Prache of BETTER FINANCE was quoted on the topic of fund houses backing board decisions. Following revelations that asset managers back corporations on issues such as executive pay at least 90 per cent of the time, fund houses have been accused of failing to hold
When charges, inflation and taxes are taken into account, the real returns of "assurance-vie" contracts – life insurance policies widely used by households as a means to obtain additional resources at retirement age in France – are very low and "may in fact be losing money". "60 millions de consommateurs", the magazine of the French National Institute of Consumer Affairs, based itself on BETTER FINANCE’s calculation
"Pension Savings: The Real Return" was mentioned in the Money column of BT and LoveMoney. Both articles compare the conclusions drawn in a new report by Mercer and the Australian Centre for Financial Studies, in which the UK’s pensions are shown as the ninth best in the world, against BETTER FINANCE’s research which shows that "Britain is actually one of the worst places
Guillaume Prache, Managing Director at BETTER FINANCE, was quoted in the Investment and Pensions Europe magazine on the draft proposal of the Insurance Mediation Directive (IMD) voted last week at the European Parliament. With non-insurance pension products still left aside, the final version of the revised directive will enter in the trialogue phase, with negotiations
EuroFinUse was quoted by the Financial Times in relation to the European Securities and Markets Authority recent report on structured products. Following "relatively low” returns on investment in structured products over the past five years, ESMA is concerned that retail investors who invest in structured products that use hedge fund-type strategies might not have sufficient