Better Finance

Better Finance finds that commission-based distribution models cost individual investors up to 15% of their investments in sales commissions

ShareSoc is a member of BETTER FINANCE, who represent c. 28 European shareholder organisations. Better Finance have just issued a report that finds that commission-based distribution models cost individual investors up to 15% of their investments in sales commissions and generate conflicts of interest which severely hurt their performance. Click here to read the full press release and access the full report.
Post Date: February 17, 2022 Read more

Sustainable Finance Action Plan

ShareSoc welcomes the actions proposed by the European Commission which should bring about more transparency for investors and favour sustainable long-term value creation for end-investors and savers. ShareSoc is...
Post Date: March 23, 2018 Read more

ShareSoc fully supports the Better Finance Report on Pension Savings and its recommendations

ShareSoc is a member of the Pan-European organisation Better Finance and commented “This is an important report that highlights the harm that inadequate returns give to long term savers. High fees are also hurting returns. The UK Pensions Fund are valued at £3.8 trillion and are by far the largest in Europe. It is important that the UK lead the way in this area. The recent appointment by the FCA of Chris Sier to chair the panel on costs disclosure is another ...
Post Date: October 11, 2017 Read more

Do Active Funds Underperform? But Costs are the Real Problem

On the 24 October the Financial Times FTfm supplement led with a front page article that was headlined "99% of Active US equity funds underperform". It also had a sub heading of "Almost all UK, global and EM funds have failed to outperform since 2006". So I sent a letter to the Editor which said the following, much of which they have published today (31/10/2016) plus letters from other writers making the same point. This is what my letter said: "Your headline in ...
Post Date: October 31, 2016 Read more

Better Finance comments on the EU Shareholder Rights Directive

Better Finance, a representative body for European shareholder associations, has issued a press release commenting on the review of the Shareholder Rights Directive. It points out a number of defects in the proposals. Here are extracts from the press release: "Guillaume Prache, managing director of Better Finance has stressed that many individual shareholders of EU companies will still have to pay high fees to exercise their voting rights across borders within the EU. If the internal market for capital is to carry ...
Post Date: December 5, 2014 Read more