Financial Conduct Authority lays out vision for transition from EU to UK rulebooks
Proposed requirement for statement on approach to member views would risk ‘greater confusion’
But some dispute the findings of adverse effects on market and customers from the CMA
CMA finds adverse effects on market competition in investment consulting and fiduciary management sectors
Pensions sector unites to urge political backing for dashboard concept
New provision aims to enable board engagement with the workforce; FRC says formulaic pay systems should be rejected
Work and Pensions Select Committee calls for government to enable collective DC arrangements
CoreCommodity Management to run DC provider’s first segregated mandate
Companies that fail to address climate change in the next five years will be cut from the Church of England’s portfolios
Government publishes white paper setting out negotiating position
€600m contract follows the termination of Nestlé’s in-house investment operations
The Pension Protection Fund reported a £6.7bn surplus after taking on Carillion, British Steel schemes
Also: BMO to drop F&C brand, new Women in Finance charter signatories
Plus: UK DB deficit falls back below £90bn; Engineering institute seals £50m de-risking deal
Investors including TDC and NZ Super cannot pursue Novo Banco in UK over loan to now-defunct Portuguese bank
SLI men follow Aviva’s new equities chief David Cumming
Plus: Russell Investments wins transition management mandate from France’s FRR
Trustees of Airways Pension Scheme granted leave to appeal to Supreme Court over dispute dating from 2013
Industry commentators do not expect radical changes to retirement legislation
The collapse of Carillion highlights just how difficult it is for pension fund trustees to influence the sponsoring company
The experience of collective defined schemes in the Netherlands illustrates shortcomings
Only 36 entities made a submission to the select committee, and some influential UK names are absent
Three years after its introduction, the liberation of pensions savings has been marred by accounts of poor advice and scams
Liabilities fell by CHF3.6bn while investment returns added CHF900m.
International Accounting Standards Board wants its work on the controversial rule aligned with research into DC schemes
The rise of blockchain architecture coincides with a period of falling trust in institutions
Subscribe to the digital edition of IPE magazine to view the latest issue directly in your browser.
Another step by Brussels to ease financing to business across the EU comes with measures to facilitate the cross-border distribution of investment funds
PensionsEurope is concerned about a Brexit ‘no deal’ and is calling for negotiators to pay heed to the €3.54trn sector’s interests
Radical upgrades to the EU’s corporate tax base norms have never been so close to fruition
Europe’s asset management industry is lobbying against any mandatory guaranteed default option in the third-pillar PEPP proposal
As the risk of a no-deal Brexit comes into focus, attention is turning to ways to mitigate the damage across financial services, including asset management and pensions
The EU’s securitisation package has finally passed through the European Parliament and Council. However, the new rules will not be applied until January 2019
The EU’s controversial mandate for a radical shake up of financial supervision has received a cool reception from the pensions sector as well as smaller EU members
International investors in the EU have for decades been suffering from woeful dispute settlement proceedings when involved in cases against public authorities
Discussions over the payment of social costs for workers from central and eastern European countries posted temporarily to wealthier EU countries are playing a major role in the attempt to update existing directives
At first sight, the benefits of the European Commission’s Pan European Personal Pension (PEPP) regulation proposal seem clear. But it did not take long for commentators to point out the considerable hurdles
The European Commission’s “further steps to drive forward the Capital Markets Union (CMU)” outline nine new priority legislative actions to solve the EU’s long-term cross-border investment challenge
Strong words on Brexit are flying in political circles. But behind the theatre, concerns about the future of London’s fund management sector are emerging
In contrast to complaints that Brussels’s legislation burdens the financial sector, the European Commission may be gratified by the positive response to its flagship Capital Markets Union (CMU) programme.
Nothing could be clearer. For the financial sector, at least, there is nothing to fear from Brexit. All the UK has to do is to apply to the EU’s rules – the crucial term ‘equivalence’
The European Commission’s project to set up a pension scheme for research and development professionals whose careers take them across EU borders has finally reached its first stages of operation.
The prolongation for 18 months of pension funds’ exemption from posting collateral when trading over-the-counter (OTC) derivatives is leading PensionsEurope to seek clarification.
There is increasing attention in Brussels on company reporting, taxation and offshore financial centres. The G20 and some OECD countries have demanded country-by-country reporting rules for multinational companies with a turnover over €750m
Legislation proposing pan-EU personal pension products (PEPPs) could be tabled in 2017, according to the European Commission
A former director of the European Association of Paritarian Institutions (AEIP) has proposed a new option for occupational pensions that could help the large number of workers whose careers take them across EU internal borders.
Valdis Dombrovskis has assumed responsibility as commissioner in charge of the flagship Capital Markets Union project. But he has also assumed the added complication of the withdrawal of the UK