Latest on Regulation & Reform – Page 277
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NewsUK publishes details of 'pot follows member' consolidation
UK – DWP says Webb's 'big fat pot' proposals not to include DB funds 'at this stage'.
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NewsIreland 'very actively examining' wind-up order for pensions
IRELAND – Minister seeks to allay fears that future savings could be nationalised.
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Swedish roundup: AP2, Swedwatch, AP funds, AP6, Aibel, Ratos, Ferd
SWEDEN – Swedwatch blasts AP2 for lack of transparency on Brazilian farmland investments.
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NewsOECD report on Irish pension system backs compulsion over auto-enrolment
IRELAND – Organisation calls auto-enrolment 'second-best', notes higher costs in implementing system.
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NewsUK review of 'fiduciary duty' not magic solution, expert warns
UK – Head of Sustainable Finance Project says definition of term must be flexible.
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NewsDanish pensions association blasts government for lacking 'compass'
DENMARK – Latest pensions legislation nothing more than bid for short-term tax revenue, F&P says.
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NewsAuto-enrolment most politically viable reform, says IAPF
IRELAND – Association weighs advantages of compulsion, auto-enrolment ahead of Monday's OECD report.
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NewsAon Hewitt welcomes plan to link Irish liabilities to own debt
IRELAND – Consultancy says smoothing proposal, linking liabilities to Irish debt has merit.
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NewsEU to amend social, environmental transparency rules for large companies
EUROPE – New rules to apply only to companies with more than 500 employees.
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Second-pillar members can expect third more income, Lithuanian study shows
LITHUANIA – Central bank study lauds potential of second-pillar participation.
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NewsBelgium sets up committee to assess reform of pension system
BELGIUM – Experts to provide advice on reforms contributing to sustainability of system.
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NewsPolicymakers urged to drop initial margins for derivatives
GLOBAL – ISDA criticises proposals to impose initial margin requirements for OTC transactions.
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NewsUK roundup: DCLG, LGPS, PPF, BNY Mellon, British Airways
UK – UK department consults on exclusion of elected officials from LGPS.
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NewsLobbyists fight plans to define German REITs as funds
GERMANY – EPRA, ZIA criticise BaFin proposals to bring G-REITs under AIFMD regime.
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NewsEU CDS ban could increase financial instability – IMF
EUROPE – Report predicts hedging to shift to other markets, increasing contagion risk.
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NewsBrussels unlikely to base IORP on any of three QIS scenarios, says Towers Watson
EUROPE – Consultancy notes differing impact of scenarios, with one resulting in £1.2trn UK surplus.
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NewsFinancial instability shifting from banks to pensions - IMF
GLOBAL – New report warns current activist central bank policy must be carefully unwound.
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NewsOTC derivative margins cause 'imperfect' hedging – Moody's
EUROPE – Report warns of 'punitive' costs related to initial margins on interest rate swaps.
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NewsDanish regulator forces fund to revalue property portfolio
DENMARK – ISP told to write down value of real estate portfolio after investigation.
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NewsUK minister repeats call for Brussels to drop Solvency II rules for pensions
EUROPE – Consultancy Towers Watson warns EC not to implement at haste and 'repent at leisure'.
