Latest on Regulation & Reform – Page 308
-
NewsUK minister criticises 'horrifying' lack of IORP impact assessment
Steve Webb raises alarm about IORP Directive's effect on 'defined ambition'.
-
NewsDutch aiming to hold parliamentary elections in mid-September
Lawmakers must submit proposals to cut budget deficit to 3% by 30 April or face fines.
-
NewsEIOPA thinking to revise timeline for holistic balance sheet study
European authority looking to launch QIS at end of May, postponing results to Q1 2013, sources say.
-
NewsVan Hulle: European reform will not damage pensions industry
Head of EC pensions unit rejects that reform could cost UK schemes more than £600bn.
-
NewsDutch downgrade would hit local pension funds hard, expert warns
Schemes would be forced to devalue government bond holdings while liabilities remained same.
-
NewsPension funds to bear 'major part' of Tobin tax burden
Think tank says tax – 'no matter how carefully worded' – will face legal challenges.
-
NewsSpezialfonds win reprieve on dividend withholding tax
GERMANY – New regulations to affect €20bn of Germany's pension fund assets, says BVI.
-
NewsOECD launches review covering 'totality' of Irish pensions system
Review to look at domestic investment, auto-enrolment and sustainability and adequacy.
-
NewsSwedish roundup: Pensionsgruppen, PPM review, Swedish Pensions Agency
Multi-party working group on pensions sets out agenda for review of PPM system.
-
News
IPA: China's pensions system set to come of age
Profound changes lay ahead for China’s pensions system, writes IPA’s Iain Mills.
-
NewsAmendment to Austrian pensions law clears first hurdle
AUSTRIA – Industry expects no further changes after government passes long-awaited reform.
-
NewsPensioners hit by quantitative easing should be compensated, report says
Treasury select committee acknowledges 'redistributional' effects of monetary policy.
-
NewsFund managers increasingly worried about risk of 'inappropriate' regulations
EDHEC-Risk Institute survey highlights growing concerns over new regulations coming to market.
-
NewsInfrastructure fund for London public sector pension schemes a 'ruse'
Think tank claims infrastructure fund 'bolted-on' to sway government on merger plan.
-
NewsUK roundup: Merseyside, Mercer, L&G, UBS, defined ambition
Merseyside local authority pension fund to re-tender more than one-quarter of portfolio.
-
News'Modest tweaks' could allow pension funds to invest in UK residential
Industry bodies call on government to lift barriers to institutional investment in sector.
-
NewsAustrian finance ministry dismisses criticism of 'patchwork' pensions
AUSTRIA – Allianz claims current plans to reform 'fragmented' pensions system a 'mistake'.
-
NewsPower to issue FSD remains with Pensions Regulator – Eversheds
Reports that trustees can pursue FSDs without regulator 'overstate' matter, lawyer says.
-
NewsDutch regulator scolds pension funds for administrative shortcomings
DNB survey finds 'considerable number' of problems in reporting pensions rights.
-
NewsIrish funding standard could increase investment risk, Towers Watson warns
Pension funds could concentrate fixed income investments in small number of risky counterparties.
