The “CFA Institute Blueprints for the 2024-2029 Legislative Period in the EU” report outlines key regulatory priorities for EU capital markets, focusing on technology, sustainability, business conduct, and pensions, with recommendations for reforms to enhance resilience and investor protection. It is informed by CFA Institute research and perspectives from CFA Societies across the EU, including contributions from the Advocacy Committee of our Society.
The blueprints also take a collaborative approach. It delivers a wide range of perspectives and identifies both commonalities and differences in regulatory priorities. By doing so, the document creates a holistic view of what regulatory changes are needed in the next EU legislative period. The dedicated homepage for the blueprints can be found here.
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The Risk Standards report provides an overview of risk parameters since 1999. The effects of an additional year on volatility are usually quite limited and gradual. For instance, volatility in emerging market investment categories has been decreasing for years. Economic developments and changing interest and monetary conditions can strongly influence correlations. With the end of a 40-year bull market for bonds, the correlation between stocks and bonds has been positive over the past one and a half years, after a period of mostly negative correlation between 1999-2021.
With this report (In Dutch, latest update: 2024), we as CFA Society Netherlands aim to contribute to careful selection of investment categories and the construction of investment portfolios, thereby enhancing the quality of investment services in the Netherlands.
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This study by the CFA Institute, in collaboration with, among others, CFA Society Netherlands, demonstrates how (sometimes sponsored) content often influences the decision-making of young investors, especially in the areas of stocks and cryptocurrencies. CFA Society Netherlands wants to emphasize that both dangers and enormous opportunities exist here to impart knowledge and competence in investing to young people at an early age.
The Netherlands is one of the countries that has been thoroughly examined. Therefore, the research provides valuable insights into how finfluencers influence investment behavior in our home country. As an association, we have conducted local research by mapping out the available content of finfluencers in the Netherlands. This research enriches the recent publication of 'Wijzer in Geldzaken' (2024) and complements the work of the AFM, which specifically examined 150 Dutch-speaking finfluencers in 2021. In our analysis, we worked from relevant search terms and also included English-language content.
In light of the results, the CFA Institute calls for action from both regulators and the industry.
Some specific recommendations from the report include:
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On July 1, 2023, the Dutch senate approved a new pension law. This concluded a 15-year legislative process that saw multiple proposed changes. The new law, which essentially moves the Dutch pension fund system from a defined benefit (DB) to a defined contribution (DC) system, must be implemented by all pension funds by 2028.
This article discusses the significant reforms in the Dutch pension system, shifting from a Defined Benefit (DB) to a Defined Contribution (DC) scheme. The reforms introduces two new regulations: the “Flexibele Premie Regeling” (FPR) and the “Solidaire Premie Regeling” (SPR), focusing on individual pension capital and collective investments.
In samenwerking met SPO heeft CFA Society Netherlands in september 2015 de eerste editie uitgebracht van het boek Beheren van pensioenvermogen - Praktische handvatten voor moeilijke keuzes aan de bestuurstafel. In dit ‘denkboek’ voor bestuurders beschrijven de verschillende auteurs vanuit hun dagelijkse praktijk de nieuwe wereld van pensioenfondsbestuurders. Het is niet een traditioneel lesboek: aan de hand van dit boek weet een bestuurder wat hem of haar te doen staat, niet wat hij of zij allemaal moet weten. Het boek geeft aan de hand van concrete cases inzicht hoe tegen bepaalde zaken kan worden aangekeken. Het pakt die problemen/uitdagingen op die ertoe doen voor een pensioenfondsbestuurder.
De tweede herziende druk is in april 2018 uitgekomen en kunt u hier downloaden.
