19/09/24 (Agence Europe) – Better Finance, the European Federation of Investors and Users of Financial Services, on Thursday 19 September welcomed the appointment of Maria Luís Albuquerque as the new European Commissioner for Financial Services and the Savings and Investment Union (see EUROPE 13485/12). The organisation called it “a crucial step in addressing the ‘ticking pensions time bomb’ and tackling the pressing need for transition investing”, underlining the importance of Ms Albuquerque’s future role in protecting the financial interests of European savers and investors. The Federation also expressed optimism about closer cooperation with the European Commission’s Directorate-General for Justice (DG JUST), particularly on issues of shareholders’ rights and collective redress. (BD)