Latest on Regulation & Reform – Page 312
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NewsPublic trust in pensions reaches all-time low, NAPF survey shows
Association warns that dwindling public confidence threatens to undermine auto-enrolment.
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NewsBrussels is rushing new IORP directive, industry experts claim
Pensions experts say EC has earmarked too little time to assess impact of accounting rules.
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NewsRatings agencies allow 'back door' access to pension funds
Speaking to UK Treasury Select Committee, NAPF outlines 'concern' on ratings process.
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NewsBarnier attacked over 'implied' backing of Solvency II
Industry critical of commissioner's reluctance to disavow Solvency II amid warnings it would 'kill' IORPs.
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NewsGovernance lessens need for capital requirements, pensions experts say
Speakers at IORP open hearing say good governance 'ultimate key' to ensuring benefits.
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NewsDutch MPs accuse insurers of 'dishonesty' over PPI vehicle
Lawmakers feel 'taken for a ride' by insurers claiming PPIs were 'not destined for Dutch market'.
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NewsIndustry spars with Commission over solvency at Brussels open hearing
Chair of EU Parliament's Economic Committee rejects idea schemes battle with similar risk as insurers.
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NewsBarnier dismisses resistance to IORP directive review as 'hyperbole'
Commissioner says no proposals put forward to date, but speaks in favour of level playing field.
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NewsUK regulator predicts growth in multi-employer pension schemes
Companies will opt increasingly for schemes that are 'large, durable and low cost'.
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NewsAP3 head says Swedish buffer fund closure a 'very open question'
Kerstin Hessius says review of buffer fund system may not lead to closure of two funds.
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NewsIndustry associations call on Brussels to drop solvency rules for IORPs
Group of eight associations claims solvency rules would have major impact on markets, companies.
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NewsGermany's AbA questions member state support for Solvency II reforms
GERMANY – Pension association warns capital requirements could divert funding from stimulus measures.
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NewsUK roundup: FSA, pension transfer value, Policy Exchange, police pension schemes
FSA launches consultation on pension transfer values, saying current assumptions could be misleading.
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NewsING pension fund loses court case against Hungarian supervisor
Company overcharged members by investing in funds instead of equities, watchdog says.
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NewsDutch minister moves to allow pension fund boards consisting of experts only
Social affairs minister Henk Kamp submits draft governance bill to parliament.
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NewsParliamentary review to examine collective DC options
DWP select committee to examine 'wider issues raised' by consultation on auto-enrolment.
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NewsUK roundup: TPR, ONS, Towers Watson, Steve Webb
Watchdogs warn pension fund members over 'opaque' early-access offers.
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NewsPension funds should review asset-backed contributions 'urgently' – PwC
UK Treasury says changes aim to prevent 'unintended' excess tax relief.
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NewsTreasury to take CPI case to Supreme Court, pensions group predicts
Civil Service Pensioners' Alliance says government "put economic cart before statutory horse".
