BETTER FINANCE endorses the FSUG’s call for improved ‘Value for Money’ in retail investments. The focus is on enhancing the effectiveness of packaged retail and insurance-based investment products (PRIIPs) to contribute significantly to investors’ financial well-being. The FSUG emphasises the responsibility of product manufacturers to design products that boost investors’ financial wealth and urges supervisors
The Financial Services User Group (FSUG) welcomes the ongoing legislative and supervisory works aiming to improve the ‘Value for Money’ that retail investors obtain from their packaged retail and insurance-based investment products (PRIIPs). The FSUG argues that ensuring retail investment products are effectively designed to increase the financial wealth of investors should be amongst the
⬇️ Read or download BETTER FINANCE’s National Key Priorities for 2024-2029 below. ⬇️ Let’s harness the Capital Markets Union’s (CMU) potential to benefit our citizens as financial consumers, retail investors and pension savers, as well as our planet, economy, and future generations. This will ensure Europe’s prosperity and security in a rapidly changing geopolitical environment.
⬇️ Read or download BETTER FINANCE’s Individual Investors’ Key Priorities for 2024-2029 below. ⬇️ Let’s harness the Capital Markets Union’s (CMU) potential to benefit our citizens as financial consumers, retail investors and pension savers, as well as our planet, the economy, and for future generations. This will ensure Europe’s prosperity and security in a rapidly
BETTER FINANCE supports FSUG’s COP28 statement, calling on the European Commission to ensure the green transition burden isn’t solely on citizens and communities. ⬇️ Read the full statement below ⬇️
Transition investing refers to capital needed to improve economic activities, that are not environmentally friendly at present. Such capital supports the development of innovation and infrastructure, enabling current activities to eventually achieve climate neutrality. The European Commission’s release of the transition finance ‘Recommendation’[1] emphasised the importance of such investments for Europe’s pursuit of environmentally conscious
BETTER FINANCE welcomes the proposal for the Retail Investment Strategy (RIS) put forward by the European Commission (EC) on 24 May 2023. We fully share the goals that the EC pursues with this initiative ‘rules that are coherent across legal instruments’; ‘adequate protection’‘bias-free advice and fair treatment’; ‘open markets with a variety of competitive and
The draft Regulation on ESG ratings proposed by the European Commission in June 2023 aims to establish a framework and tackle structural issues by combating possible conflicts of interests, imposing better transparency in the rating processes, and introducing an authorisation and supervision system for ESG rating providers (for both EU and non-EU entities). Although commendable,
BETTER FINANCE welcomes the objectives of the Listing Act review put forward by the European commission to make EU Capital Markets more attractive for companies, particularly for SMEs.[1] Investor associations have long emphasised that to revitalise the Capital Markets Union, the EU’s primary and secondary markets need a boost, that is, greater participation from EU
The Briefing Paper by BETTER FINANCE, 2° Investing Initiative and WWF focuses on the Packaged Retail Investment and Insurance-Based Products (PRIIPs) Regulation and provides recommendations for sustainability disclosure. While a legislative review of PRIIPs is planned, we suggest an omnibus regulation that will effectively harmonise product-level disclosures. The briefing elaborates on one of the recommendations