Too much information kills information. This is the feeling shared by many savers, drowned under the pages of documents that their bank, insurer or advisor must give them before taking out an investment. However, since 2014, Europe, through the UCITS and MiFID 2 directives and the Priips regulation, has tried to harmonize the data communicated by professionals, in particular on the costs weighing on financial products. With the aim of making them more transparent, more exhaustive but also more understandable. The goal is very far from being achieved. The general public is still struggling to understand the weight of these costs as noted by Senators Husson and de Montgolfier in the report drafted for the Senate Finance Committee on the protection of savers, made public on October 6.
See also
These costs that eat into your savings
An impossible comparison
There are plenty of reasons.
The harmonization of the presentation of costs, which was supposed to facilitate their comparison, is quite relative.
Their presentation
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