Latest on Regulation & Reform – Page 398

  • News

    Europe shouts 'no' to IASB's proposed pensions reforms

    2008-10-03T16:00:00Z

    [17:00 CEST 03-10] EUROPE – European pension funds have collectively given a strong thumbs-down to key proposals set out by the International Accounting Standards Board (IASB) on pensions accounting reforms, and even argue the initial review creates more problems than it solves.

  • News

    Irish reform consultation lacks consensus

    2008-10-03T15:10:00Z

    [16:00 CEST 03-10] IRELAND – The Green Paper consultation process outlined last year concerning pension reforms has revealed a "general lack of consensus" over the next steps regarding pensions, according to a government report.

  • News

    EC to test feasibility of pan-EU researchers' pension

    2008-10-02T16:05:00Z

    [17:05 CEST 02-10] EUROPE – The European Commission is seeking a contractor to conduct a feasibility study into the potential for developing a pan-European pension fund for researchers working across the EU.

  • News

    EC fancies monitoring role of private pensions

    2008-10-02T15:50:00Z

    [16:50 CEST 02-10] EUROPE – Charlie McCreevy, European Commissioner for internal markets, today argued the European Commission (EC) should have a monitoring role in the European private pensions markets.

  • News

    TPR conflicts guidance falls short on 'thorny' issues

    2008-10-02T15:50:00Z

    [16:50 CEST 02-10] UK – The Pensions Regulator's (TPR) final trustee guidance on conflicts of interest places more emphasis on education and support than in offering "real conclusions" on difficult issues such as the disclosure of confidential information, Sacker & Partners has claimed.

  • News

    NAPF commentary on amendments to IAS 19 Employee Benefits

    2008-10-01T14:00:00Z

    The launch of the International Accounting Standards Board (IASB)’s Discussion Paper was overshadowed by the earlier Discussion Paper on pensions accounting from the UK’s Accounting Standards Board (ASB).

  • News

    NAPF queries IASB's 'radical tidying' of pensions accounting

    2008-10-01T14:00:00Z

    UK – The National Association of Pensions Funds (NAPF) has attacked proposals from the International Accounting Standards Board to change the way employee pensions are accounted as being pre-emptive and of being far more radical than what was supposed to be an interim assessment of a larger review.

  • News

    Capital guarantee hinders pensions – analyst

    2008-09-30T15:30:00Z

    [16:30 CEST 30-09] EUROPE – Institutional investors in Europe are hindered by guarantees to grow returns and in their ability help stabilise capital markets, according to Peter Brezinschek, chief analyst of Raiffeisen Zentralbank (RZB).

  • News

    Greece begins final phase of pension fund mergers

    2008-09-30T14:00:00Z

    GREECE - The Greek Ministry of Labor and Social Security is pushing through the third and last restructuring phase for the local public pension system tomorrow by merging the 133 current funds into 13 new ones.

  • News

    TPR could be 'stumbling block' to M&A

    2008-09-29T16:05:00Z

    [17:05 CEST 29-09] UK – The UK Pension Regulator (TPR) should take a long-term view on pension funds before curtailing corporate activity by intervening in takeovers where pensions-related issues arise, consultancy firm Aon has warned.

  • New face to take on IASB pensions review
    News

    New face to take on IASB pensions review

    2008-09-26T15:30:00Z

    [16:30 CEST 26-09] GLOBAL - The International Accounting Standards Board (IASB) has moved to reassure constituents its pensions accounting project has adequate staffing following the departure last week of project team member Jenny Lee.

  • News

    PADA’s Jones urges employers to use personal pccounts

    2008-09-25T16:10:00Z

    [17:10 CEST 25-09] UK – Tim Jones, the chief executive of the Personal Accounts Delivery Authority (PADA), today urged employers to use the government’s Personal Accounts alongside auto-enrolment when they are introduced in 2012.

  • News

    EC to regulate rating agencies

    2008-09-25T15:30:00Z

    [16:30 CEST 25-09] EUROPE – European Commissioner for internal markets DG Charley McCreevy is set to unveil proposals for the regulation of ratings agencies but has warned against blaming hedge funds and private equity for recent troubles in the financial markets.

  • News

    New tax might reduce long-term fund saving – BVI

    2008-09-24T15:15:00Z

    [16:15 CEST 24-09] GERMANY – Long-term investors in funds must be exempt from the new CGT to be introduced in Germany from next year, the federal association of investment and asset management BVI has warned.

  • News

    ECJ tackles age discrimination in pensions

    2008-09-23T15:50:00Z

    [16:50 CEST 23-09] EUROPE – The European Court of Justice has unveiled two key judgment developments today which suggest pensioners cannot argue they have a right to work beyond the state retirement age if the employer does not allow it while companies can also refuse to pay benefits on the ...

  • News

    Slovakia continues 2nd pillar erosion

    2008-09-23T14:45:00Z

    SLOVAKIA – The Slovakian government is making a fresh claim on private pension provision and has introduced a second deadline allowing Slovakians to leave the second pillar pension system in favour of the state-run pension scheme.

  • Features

    Mixed reaction to Mae and Mac

    September 2008 (Magazine)

  • Still a need to stick to principles
    Special Report

    Still a need to stick to principles

    September 2008 (Magazine)

    The pensions landscape might have changed greatly since the Myners principles were set out seven years ago, but David White finds that they are as relevant as ever

  • Regulatory response to market turmoil
    Features

    Regulatory response to market turmoil

    September 2008 (Magazine)

    IPE asked three pension funds – in the Netherlands, the UK and Sweden – ‘Do you think the authorities will respond to the current market turmoil with new regulation?’ Here are their answers: