Latest on Regulation & Reform – Page 138
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NewsUK to explore mandatory climate reporting for pension funds, companies
Government green finance strategy welcomed, but investors emphasise it must only be seen as a first step
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Half of FTSE 100 companies could buy out DB funds in 10 years: report
Diverting an additional 6% of profits would let 70% of FTSE 100 schemes buy out within a decade, says Barnett Waddingham
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EC sustainable finance approach ‘could expose EU to legal risk’
Think tank argues that a confused understanding of sustainable investment ‘spoils’ the Commission’s package of measures to engage finance in the fight against climate change
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Dutch government proposes lump sum payments at retirement
New concept for the Netherlands will form part of the country’s wider planned pension reforms
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NewsFRC board warns over government delays to budget sign-off
Delays to agreeing the audit regulator’s budget for 2019-20 could hamper work on the transition to the Audit, Reporting and Governance Authority
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New fund category to boost Swiss marketplace moves a step closer
The Swiss government has launched a consultation on legislative changes that would allow certain funds to be offered without prior authorisation
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Country ReportIORP II: Race to adopt new rules
Putting the new IORP II rules in place will be a challenge for Italian pension funds in areas like risk management
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Special ReportHave we passed peak regulation?
Securities insiders believe the tide of regulation is finally ebbing
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Country ReportCOVIP: The glass is half full
Despite its several ailments, the health of the Italian pension industry keeps improving
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NewsMP Pension lifts suspension of Macquarie after tax scandal
Australian bank was initially quarantined by the academics pension fund in October 2018 after it was linked to so-called Cum-Ex scandal
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Politician demands answers over regulator’s oversight of USS
Frank Field writes to the Pensions Regulator as dispute emerges between UK’s largest pension fund and a former trustee over valuation concerns
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NewsSwiss cabinet to form sustainable finance working group
Assessments by inter-departmental working group to inform decisions about potential financial market regulation
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NewsUK regulator sets out climate change investment guidance for DC schemes
TPR also urges trustees to consider the liquidity requirements of their members as spotlight falls on daily dealing investment funds
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NewsNetherlands roundup: Parliament demands cost review of new pensions system
Also: €857m company pension scheme plans to consolidate into a general pension fund, posing problem for administration provider
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NewsSchroders flags tipping point for action on climate change
Cost-benefit equation seen as increasingly in favour of policy action to support move away from fossil fuels
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Funds invested in illiquid assets are ‘built on a lie’: Mark Carney [updated]
Bank of England governor warns of ‘potential developing systemic issue’ regarding funds promising daily liquidity while investing in illiquid markets
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ESMA consults on short-termism in financial markets
Answers to questionnaire will inform watchdog’s report to the European Commission and feed into sustainable finance work
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Swiss pension vehicles secure greater investment flexibility
New rules coming into effect in August will expand investment foundations’ opportunities, including higher equity allocations and access to alternative assets
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Regulator voices ‘real concerns’ over small DC schemes
Charles Counsell comments on consolidation, defined contribution and risk management in his first speech after taking over as chief executive of the UK’s Pensions Regulator
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Dutch sector fears delay in finalising pensions agreement
Large majority of conference attendees expect that a deadline of December 2020 for fleshing out this month’s pensions agreement will not be met
