EU regulators to probe retail costs and performance

To increase investor awareness

clock • 1 min read

EU regulators are set to conduct a large-scale study into the cost and performance of both active and passive funds, European Securities and Markets Authority (ESMA) chair Steven Maijoor has said.

Maijoor said in a Paris conference speech that ESMA and the European Banking Authority would assess retail products' cost reporting and past performance to "increase investors' awareness of the net return of these products, and the impact of fees and charges". FCA's Bailey: More work to be done on fees He added the regulators would obtain more data to complete their assessment when MiFID II comes into force in January. ESMA and the EBA's plans follow similar investigations from national regulators, such as the UK's Financial Conduct Authority, which this year produced a final repor...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Regulation

FCA to cut red tape for investment firms in bid to streamline regulation

FCA to cut red tape for investment firms in bid to streamline regulation

Volume of legal text cut by 70%

Linus Uhlig
clock 24 April 2025 • 2 min read
Zero cases of non-financial misconduct opened by FCA in two years

Zero cases of non-financial misconduct opened by FCA in two years

A Freedom of Information request has found

Cristian Angeloni
clock 22 April 2025 • 3 min read
Emma Reynolds: Targeted support is 'exciting opportunity' but 'we need to get it right'

Emma Reynolds: Targeted support is 'exciting opportunity' but 'we need to get it right'

‘Need strong consumer protection in place’

Jenna Brown
clock 22 April 2025 • 3 min read