A report, presented by the pan-European financial regulator ESMA, the European Securities and Markets Authority, shows a significant drain on fund performance, due to the high fees charged by investment houses for UCITS (Undertakings for the Collective Investment in Transferable Securities). The data shows that the impact on retail investors is even higher, as they

Jack Bogle founded the Vanguard Group in 1975 as a non-profit mutual fund company exclusively owned by its clients with as overall goal to serve the interests of individual investors. Vanguard evolved to become the second largest fund manager in the world today. He wrote many books, including one in which he denounced the excessive

BETTER FINANCE has been stressing for several years the crucial need for insurers to invest much more of their own risk assets into equities. The own risk equity assets of Western European insurers had already gone down from 22% in 2001 to 8% in 2010. In 2016, the own risk equity assets of EU insurers

The European Insurance and Occupational Pensions Authority (EIOPA) will analyse the exposure of European pension funds’ to “ESG” factors in next year’s stress test of the sector, a spokeswoman has confirmed. She added that the analysis will involve a qualitative assessment of how occupational pension funds incorporate environmental, social and corporate governance (ESG) factors into

BETTER FINANCE welcomes and appreciates the effort of the European Commission and of the European Supervisory Authorities to put forward proposals for targeted amendments of the Delegated Regulation (DR) concerning the presentation and content of the key information document (KID) for Packaged Retail and Insurance-Based Investment Products (PRIIPs).

The European Union’s auditors are doubling down their fight with the European Central Bank, citing three occasions on which it denied access to crucial documents. The ECA asked the European Parliament and the EU member states to take its side on this conflict ensuring that any documents that they deem necessary could be obtained. According

BETTER FINANCE welcomes the latest amendments adopted by the ECON Committee to the reform of the European System of Financial Supervision (including the European Banking Authority (EBA), the European Insurance and Occupational Pension Authority (EIOPA), the European Markets and Securities Authority (ESMA) and the European Systemic Risk Board (ESRB). This reform of the European Financial

Proxy advisers have been mired in controversy due to perceived conflicts of interest and doubts about the adequacy of their resources. They are predicted to remain at the centre of attention, particularly after the launch of the “name-and-shame” register in the United Kingdom, providing details of those companies that failed to attain 80 per cent

As BREXIT approaches, the loss of the main financial centre in the EU is also nearing. In such circumstances, the Capital Markets Union, as well as various other legislative initiatives and action plans are more important than ever. Speaking at a BETTER FINANCE conference in December 2018 in Brussels, Stephane Boujnah, CEO of Euronext, insisted

The Real Return 2018 – Belgium The Real Return 2018 – Bulgaria The Real Return 2018 – Denmark The Real Return 2018 – Estonia The Real Return 2018 – France The Real Return 2018 – Germany The Real Return 2018 – Italy The Real Return 2018 – Latvia The Real Return 2018 – Lithuania The