Read BETTER FINANCE’s Press Release from 18 May 2016 here: "The EU Authorities’ draft implementation rules on Key Information for retail investment products must be thoroughly improved in order not to hurt savers’ and investors’ protection" ————– EFAMA PRESS RELEASE – Brussels, 18th April 2017 On 12 April, the PRIIPs KID’s (Key Information Document for
A study conducted by Terrance Odean and Brad Barber at the University of California found that although men trade 45% more often than women, their average annual risk-adjusted returns are 1.4% smaller per annum. Therefore women make better investors than men. So why is there still a male-domination in the investing industry more than in
Research by BETTER FINANCE, published in 2015 in BETTER FINANCE’s briefing paper on the Capital Markets Union (CMU) initiative, debunked the myth that individual investors are short-term oriented. Now a survey carried out by S&P Dow Jones Indices (SPDJI), one of the world’s largest index providers has provided another angle to the debate, indicating that
A survey carried out by the Edhec-Risk Institute, found a growing appetite for smart beta ETFs, with 68% of respondents investing in smart beta in 2015, up from 49% in 2014. However, two-thirds of 180 European exchange-traded fund (ETF) investors that were surveyed said that smart beta indices provided significant potential to outperform cap-weighted indices
EU Ombudsman Emily O’Reilly is demanding more transparency on so-called expert groups that help frame future EU proposals through, for instance, the publishing of the minutes of meetings as well as positions advanced by individual members. O’Reilly had launched her own inquiry in May 2014 following broad concerns over how the experts were appointed, the
Following last month’s delay of MiFID II, which was met with approval by the industry, the European Securities and Markets Authority (ESMA) urges European supervisors to set a new timetable for its ratification. The law which is to include greater investor protection and transparency requirements was planned to be implemented in January 2017 but this
According to the Financial Times diaries of the six members of the ECB’s executive board show that the decision-makers have met representatives of the private sector shortly before policy meetings. The diaries, made available to the FT under EU freedom of information rules, reveal engagements with the private sector. They cover the schedule of ECB’s
Savers and individual investors are slowly finding their deserved place at the heart of the "CMU" initiative. So far none of the short term priorities identified by the EC had actually focused on them. Whereas these are definitely steps in the right direction, in our view the CMU Action Plan could still be more ambitious
A recent study by the German Institute for Economic Research found that despite good economic indicators and rising salaries, Germans on average missed out on 20.000 euros of household income between 2003 and 2013 when taking inflation into account. The main reasons for these surprising conclusions are the fact that house prices decreased in the
The Fraunhofer Institute for Industrial Mathematics has been given a new responsability and will now also function as Product Information Centre for Pensions (PiA). The role of the PiA is to simulate the performance of Riester- and Rüruppensions and rate them in terms of risks and opportunities. The Bund der Versicherten welcomes this decision, as