BRUSSELS, May 20, 2026 — Broadridge Financial Solutions, Inc. (NYSE: BR) today announced that it has awarded the 2026 European Financial Literacy and Retail Empowerment Research Grant to the Centre for European Policy Studies (CEPS), a leading think tank and forum for debate on EU affairs.
CEPS will receive €15,000 to fund independent research on how financial literacy can be translated into stronger retail investor participation across the European Union, including through the development of a comparative, practitioner-oriented framework to support the objectives of the EU’s Savings and Investments Union (SIU). The CEPS proposal was chosen following a competitive review process led by Broadridge and external experts from Highland Global Advisors, LLC. Submissions were evaluated based on their relevance to financial literacy, alignment with Broadridge’s principles of effective disclosure (e.g., easy to view and understand, “pushed” directly to investors, evidence of delivery, linking and layering, and leave no investors behind) and focus on improving retail investor outcomes, the quality of the research proposal, and the strength of the submitting institution.
“Strengthening financial literacy is fundamental to building a more inclusive and effective European capital market,” said Michael Tae, President Issuer, Funds and Data-Driven Solutions, Broadridge. “CEPS stood out for its ability to connect high-quality research with practical, actionable outcomes. By identifying what works across Member States and translating those insights into a clear playbook, this work has the potential to support better investor outcomes at scale.”
CEPS was selected for its rigorous, policy-focused approach and its emphasis on practical application. By combining comparative analysis across EU Member States with clear, actionable outputs, the research is designed to support both policymakers and market participants in strengthening investor engagement.
Supporting the Objectives of the EU Savings and Investments Union
The research will analyse differences in financial literacy and household participation across EU Member States, identifying the policy, regulatory and market factors that drive stronger outcomes. By examining leading markets alongside larger and lower-participation economies, the project aims to identify scalable solutions aligned with the objectives of the Savings and Investments Union.
“Our goal is to advance the conversation from financial literacy in theory to investor participation in practice,” said Judith Arnal, Associate Research Fellow at CEPS. “By identifying the most effective approaches across the European Union, we hope to provide a roadmap for policymakers and practitioners that helps more individuals engage confidently in capital markets,” added Apostolos Thomadakis, Head of the Financial Markets and Institutions at CEPS.
Delivering Practical Impact for Policymakers and Industry
The CEPS project is designed to deliver actionable insights for policymakers, regulators and market participants. By identifying which combinations of public policy and private-sector practices are most effective, the research will support more targeted and scalable approaches to investor education and engagement.
This work reflects the broader need to strengthen Europe’s retail investor base, where improving financial literacy is widely seen as a key enabler of greater participation, stronger long-term savings outcomes, and economic growth.
Research Timeline and Deliverables
The research will commence immediately, with final outputs expected by August 2026. Deliverables will include a research paper analysing financial literacy and retail investor participation across selected EU Member States and a practical playbook of policy and market recommendations.