Latest on Regulation & Reform – Page 49
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NewsUK ‘cools-off’ on pot for life model as it announces Spring Budget
Industry welcomed slow down from government in a push to introduce lifetime pensions provider model
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NewsBritish Business Bank to award £250m to Schroders, ICG under LIFTS initiative
The funding for Schroders and ICG will be matched by pensions capital from Phoenix Group
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NewsDanish pension funds call for political nod on defence investments
Insurance & Pension Denmark says pension funds are cautious when it comes to investing in defence and security sector
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NewsGerman expert calls to reform basic pension model
Grundrente has failed so far to firmly reduce old-age poverty risks
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NewsNBIM backs key IOSCO suggestions on improving voluntary carbon markets
Sovereign wealth fund’s manager also provides feedback to GRI on its climate change reporting standard proposal
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NewsExtra disclosure under TPR’s funding code could push up scheme costs
There is a risk that an ‘overly prescriptive’ approach pushes trustees into ‘costly tick-boxing’ exercise, according to Cardano
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NewsUK pensions regulator consults on statement of strategy for DB funding code
The consultation, which will run until 16 April, looks at what trustees will need to submit as part of planning and managing their DB schemes’ funding positions
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NewsAlecta loses new chair, but denies conflict of interest was problem
Carina Åkerström quit after newspaper reports on potential conflict of interest with Handelsbanken
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NewsDC schemes to disclose domestic assets as government seeks to boost UK business
Chancellor introduced plans requiring schemes to report the extent to which they invest in the UK assets, and warned that under-performing schemes will be closed to new business
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NewsSwiss vote on 13th month of pension makes second-pillar reform crucial
The government will have to find a way to fund the measure – seen as a burden for families and young people – from 2026
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NewsPension reform package leads to €34bn funding gap, says German Economic Institute
With the upcoming reform, the German government intends to keep the level of pension at 48% of the average wage
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Special ReportNatural capital special report: Getting to grips with the TNFD
More than 100 financial institutions have formally committed to adopting the recommendations of the Taskforce on Nature-related Financial Disclosures. Here’s how some of them are getting on so far
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Special ReportNew regulations tackle water insecurity
The new European Sustainability Reporting Standards’ E3 tackles the complex and diverse realm of water insecurity
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Country ReportGerman pension reforms remain controversial
The governing coalition is running out of time to overhaul the three-pillar retirement system
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Opinion PiecesHow effective is your shareholder voting strategy?
F Scott Fitzgerald famously wrote that “the test of a first-rate intelligence is the ability to hold two opposed ideas in the mind at the same time, and still retain the ability to function”.
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Opinion PiecesPension funds’ FIDA problem must be solved
In June 2023, the European Commission put forward the Financial Data Access (FIDA) regulation, which is currently being discussed in the relevant Council working group and in the European Parliament’s Committee on Economic and Monetary Affairs (ECON).
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Opinion PiecesUnder the spotlight: US pension plans and their use of leverage
Does US public pension funds’ use of borrowed money and derivatives pose systemic risks to global financial markets? That is the concern of global regulators, which have recently stepped up scrutiny of the practice, according to a recent article in the Financial Times (FT). But senior executives interviewed by IPE seem less worried.
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NewsShareAction calls on next UK government to reform fiduciary duty law for pension sector
Group calls on UK government for explicit redefinition of ‘best interests’ in law to reflect non-financial determinants of pension savers’ welfare
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NewsGerman government to review investment rules for Pensionskassen
Government is drafting a law to allow Pensionskassen to achieve higher returns through their asset allocations
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NewsUK Funding Code to come into effect at the end of September
The regulator will consult on its statement of strategy ‘in the next few weeks’, says Louise Davey
