EU to combat "biased and unfair" investment counseling

In a long-awaited proposal, the European Commission ramps up demands for the financial sector related to private investments. Interest group fears ”huge, unintended consequences.”

"The purpose of this law package is to improve results for retail investors," Executive Vice-President of the European Commission, Valdis Dombrovskis says. | Photo: Tt News Agency/Reuters/Ritzau Scanpix

by WatchMedia’s EU correspondent peter thomsen, translated by christian radich hoffman, daniel pedersen & kristoffer grønbæk

There ought to be greater transparency, availability, and ultimately less options for collecting commissions and hidden fees on private customers’ investments.

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EU to combat "biased and unfair" investment counseling

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Analysis: How urgent are cost cuts in the AM industry?

Consumer organizations warn about extreme and coordinated lobbying against commission prohibition

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Sign up for our newsletter

Front page now

Akademiker Pension increases focus on biodiversity

Goldman raises USD 14bn for private equity secondaries fund

Only one Nordic fund market increased its AUM in August

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AMF appoints new manager for Swedish equities

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Further reading

Only one Nordic fund market increased its AUM in August

Alecta’s CEO rejects controversial Heimstaden investment

Global equities are boosting Danish pension funds

Swedish agency's new comms head will engage with fund managers

Swedish FSA reprimands troubled pension giant

Mandatum, Handelsbanken and Storebrand were the real winners of Q2

Jobs