FECIF - The European Federation of Financial Advisers and Financial Intermediaries
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  • SAVE THE DATE // 10/DEC/2015 // SAVE THE DATE
  • 2nd EUROPEAN FINANCIAL CONFERENCE 2015
  • 10 DECEMBER 2015 // BRUSSELS, BELGIUM
  • »SOCIAL WELFARE IN TIMES OF ECONOMIC STAGNATION:«
  • Can smart regulation stimulate private pensions?
  • 10th DECEMBER 2015 // Renaissance Hotel, BRUSSELS (BE)
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The last conference was held in Brussels in December 2015 under the title  “Social Welfare in Times of Economic Stagnation: Can smart regulation stimulate private pensions?” and was attended by all major stakeholders; including regulators, politicians, consumer groups, the national trade associations of countless European countries, and advisory practitioners.

 

 

See photos from the FECIF conference 2015

 

 

 

Paul StanfieldPaul Stanfield
Chief Executive at FEIFA / FECIF Secretary General

Transparency not commission is the real key for 2017 and beyond

A number of industry commentators keep stating that it’s now all about the end of commission on a global basis – but is it, really? We all know of the switch to fees in the UK, and also a small number of other locations around the world, but certain other jurisdictions have also been quoted as moving in that direction, only for regulators in those countries to avoid such an approach.

Let’s take South Africa for instance. Many have reported that it’s “RDR” is due to commence this year – but, on its own, this terminology is misleading. I have even read some commentaries stating that commission will be banned, when it seems quite plain to me that the regulator there (the FSB) is moving towards capping commission levels, which is somewhat different of course.

Others have pointed to the “ban” of commission across the UAE, only for the Chief Executive of the Dubai Financial Services Authority (DFSA) to state categorically that it believes there is no need to take such a step there. It is true that the Dubai Insurance Authority recently announced such a ban, but...

 

  
 

The European Federation of Financial Advisers and Financial Intermediaries (FECIF) was chartered in June 1999 for the defence and promotion of the role of financial advisers and intermediaries in Europe.

FECIF, the only body representing European financial advisers and intermediaries, it is based in Brussels, the heart of Europe.

 

 

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Fédération Européenne des Conseils et Intermédiaires Financiers (FECIF)
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