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  • BETTER FINANCE: Stakeholders And Authorities Show Faith In European Personal Pension (PEPP) - PEPP Only Called Into Question By Finance Industry Due To High Costs For Intermediaries

    Date 22/09/2020

    The latest draft of the Pan-European Personal Pension (PEPP) delegated (level 2) regulation was up for discussion last Friday during a broad and well-attended conference on the issue of PEPP and Financial Repression organised by consumer organisations Bund der Versicherten e. V. (BdV) and BETTER FINANCE and, attended by more than 200 participants. Gabriel Bernardino, Chair of the European Authority EIOPA, Dragoş Pîslaru, Member of the European Parliament and the rapporteur for PEPP, and many other important experts representing different stakeholders discussed the opportunities and challenges presented by PEPP. Axel Kleinlein, Managing Director of BdV and President of BETTER FINANCE, summarises the discussion: “Nearly all stakeholders are optimistic about the future success of a PEPP. But some lobbyists of the financial industry want more money for their intermediaries for selling the PEPP”. Guillaume Prache, Managing Director of BETTER FINANCE who started the conference with a speech about financial repression adds: “In this very challenging economic situation of financial repression, the PEPP could be the solution for more value for money and a chance to ensure a decent retirement provision”.

  • Openness To Innovation The Clearest Indicator Of Success For British SMEs

    Date 22/09/2020

    • 76% of UK’s top performing small businesses regularly consider ways to improve their products and services
    • In comparison, only 40% of the weakest performing businesses do the same
    • New findings come as part of an independent, holistic study into small business success, commissioned by Allica Bank to support British businesses

  • HKEX: Forfeiture Of Unclaimed Interim Dividend For 2014

    Date 22/09/2020

    On 7 August 2020, Hong Kong Exchanges and Clearing Limited (“HKEX”) announced that, pursuant to HKEX’s Articles of Association, the interim dividend for 2014 of HK$1.83 per share, payable on 22 September 2014 and remaining unclaimed on 22 September 2020, would be forfeited and would revert to HKEX. Accordingly, the unclaimed interim dividend for 2014 amounting to HK$10,729,940.43 is forfeited and reverts to HKEX today.

  • SIX White Paper - Future Of Billing: The Digital Transformation Of Invoicing

    Date 22/09/2020

    Switzerland is the country of payment slips, but their days are numbered – QR-bill and eBill are the successors. The way in which invoices are issued is also changing dramatically. The new SIX white paper on the “Future of Billing” provides guidance on this issue.

  • BCS GM Hires New Global Head Of Equities From Citigroup

    Date 22/09/2020

    BCS Global Markets (BCS GM) has announced the appointment of new Global Head of Equities, Alexei Bolshakov.

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