During his intervention, Commain stressed that investors are often led to believe that advice is “free,” while in reality, they pay indirectly through higher fund costs.

Read more on BETTER FINANCE’s position: betterfinance.eu/publication/...

However, BETTER FINANCE expressed concern over the removal of the explicit fee cap, replaced by a so-called “Value for Money” approach.

👉 For more details, read the press release: lnkd.in/ekcVM6_d

In our latest PR, BETTER FINANCE welcomes reforms such as a simpler lifecycle glidepath, ending guarantees and the second sub-account, making the Basic PEPP fit for non-advised sales, enabling employer auto-enrolment, boosting transparency, and creating an @eiopa.europa.eu EIOPA-run public register.

🏛️This high-level conference is hosted by BETTER FINANCE in collaboration with the CFA Institute
and under the patronage of MEP Stéphanie Yon-Courtin

The high-level conference will explore how the Savings and Investments Union can better align EU policy with retail investors’ needs and support sustainable, long-term growth.