For too long now individual investors and savers have been gradually crowded out of equity markets and pushed into frequently under-performing packaged products. To ensure long-term growth it will be crucial to rehabilitate equity investment across the board and ensure a level playing field for all market participants. If the CMU can help reconnect those
BETTER FINANCE welcomes yesterday’s vote of the European Parliament’s Economic and Monetary Affairs Committee amending the Packaged Retail and Insurance-based Investment Products (PRIIPs) Regulation. .
28 November 2018 – Yesterday evening Euroshareholders, the shareholders branch of BETTER FINANCE, announced the winners of the 2018 Euroshareholders Awards at a ceremony in Wiesbaden, Germany. This year, the Euroshareholders’ “Shareholder-friendly” Award, awarded to a DAX 30 company with the most shareholder-friendly director’s pay system, went to Merck.
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). First, BETTER FINANCE finds that the very
On 21 November 2018, Guillaume Prache, Managing Director of BETTER FINANCE was asked by the ECON Committee of the European Parliament to make a statement on a proposed amendment to the PRIIPs Regulation. The European Commission and the Permanent Representation of Germany were also asked to make a statement on the same issue
BETTER FINANCE’s (and others’) unabated efforts to convince the EU Authorities to recalibrate the capital requirements for equity have started to bear fruit. On 9 November 2018, with the input of BETTER FINANCE and other stakeholders, the Commission tabled targeted amendments to the Solvency II delegated regulation, in particular to the equity calibration.
We are alarmed that for the second time in less than two years the Republic of Slovenia moves to curtail the options available to minority shareholders to mitigate the burden of costs imposed on them by financial intermediaries. Specifically, the proposed Paragraph 10 of Article 296 of the Market in Financial Instruments Act (ZTFI-1) targets
BETTER FINANCE has been monitoring the performance of EU pension and long-term savings since 2013, with its 6th edition of the “The Real Return” by now covering 16 countries and over 85% of the EU population. Unfortunately, the dire state of pension savings across the EU has not improved much over the years. Despite a
BETTER FINANCE published the 2018 Edition of “Pension Savings: The Real Return”. Download the report in English for free here. Should you like to order a physical copy please contact us at info@betterfinance.eu.
As representative of investors and financial services users, BETTER FINANCE has raised concerns regarding the PRIIPs KID legislative framework in terms of investor protection and in particular the fact that standardised, easily comparable and long-term past performance data (of both the product and its chosen benchmark) are eliminated under the PRIIPs delegated regulation. The elimination