Latest on Regulation & Reform – Page 271
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NewsLPFA laments 'missed opportunity' to promote infrastructure spending
UK – Authority calls for creation of de facto 'sovereign wealth funds'.
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NewsTurmoil continues at pension fund for Dutch pharmacists
NETHERLANDS – Pharmacists' committee decries lack of say in pension arrangements.
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NewsIrish employers critical of 'appalling failure' of pensions policy
IRELAND – IBEC slams lack of progress on wind-up order, possibility of new levy.
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NewsAssociations weigh in on long-term financing Green Paper
EUROPE – Industry groups call for tax incentives, removal of capital requirements.
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NewsPolish government unveils plans for second-pillar reform
POLAND – Ministers rule out six of nine proposals from across spectrum of stakeholders.
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NewsATP survey shows widespread pessimism on Danish pensions
DENMARK – Sixty percent of Danes doubt state pension will exist in 30 years' time.
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NewsNAPF questions 'rush' to introduce 'pot follows member'
UK – Association voices 'strong reservations' to House of Commons committee.
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NewsEuropean Foundation Statute may be in peril, expert warns
EUROPE – Legal adviser says statute in danger of falling at final legislative hurdle.
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UK lifeboat scheme to amend benefit cap for long-time workers
UK – Government announces change to benefit cap for workers contributing over 20 years to same scheme.
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NewsEven lowered pensions expectations 'still too high', VvV warns
NETHERLANDS – Survey shows disconnect between workers' expectations, projected pensions.
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NewsGerman employers demand tax exemptions for occupational pensions
GERMANY – BDA also calls for creation of regulator specifically for occupational schemes.
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NewsPFA Pension considers challenging Danish regulator
DENMARK – Scheme ordered stop using collective bonus provisions to fund commercial discounts.
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NewsAverage contribution is 'elephant in room' for Dutch pensions
NETHERLANDS – Industry veteran Jean Frijns says issue must be dealt with 'head-on'.
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Experts call for 'combi-contract' in Dutch Pensions Act
NETHERLANDS – Speakers at IPN event express surprise at removal from government’s programme.
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NewsSwiss government unveils reform plans for pensions
SWITZERLAND – Interior Ministry confirms intention to lower conversion rate from 6.8% to 6%.
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NewsUK government 'not wedded' to current number of LGPS
UK – DCLG launches one of two consultations on future shape, regulation of system.
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UK roundup: US Bankruptcy Court, Kodak, Comet, Darty
UK – US court agrees to restructuring of Kodak, granting UK pension fund ownership of part of business.
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Nordic roundup: PKA, ATP vs Tobin tax, F&P, AMF
EUROPE – Denmark’s PKA has ‘billions’ ready to invest in next good offshore wind farm project.
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NewsCouncil adopts Portability Directive one month after major move on IORP
EUROPE – Approval comes eight years after EC first publishes legislative proposal.
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NewsCollective DC in UK would require 'radical' legislative changes
UK – Towers Watson uncertain whether CDC would aim for scale rather than simply pool risk.
