Latest on Regulation & Reform – Page 50
-
NewsGerman government to start talks on longer working life with social partners
The government has also abolished earning limits for employees who opt for early withdrawal of statutory pensions to keep older employees at work
-
NewsFailed vote on EU due diligence law risks ‘bolstering anti-ESG agenda’
Germany and Italy have been leading efforts to block the proposal
-
NewsItaly opens consultation on CSRD
Finance ministry and securities market regulator to assess market size of assurance services in transition to new regime
-
NewsEU delay of sector-specific sustainability standards draws mixed reactions
The delay will reduce clarity for companies and hinder meaningful progress, says law firm Frank Bold
-
NewsNew European regulation for ESG ratings hailed as ‘quality booster’
The new regulation for ESG rating providers, approved by European Parliament last week, is expected to improve transparency and comparability of ESG ratings
-
NewsPKA censured after complaints over refusals to transfer pensions
PKA pledges to give better explanations when pension pots can’t be transferred
-
NewsUK pensions industry welcomes DWP plans for DB surplus extraction
DWP consults on plans to make DB surplus extraction easier and set up a public sector consolidator operated by PPF
-
NewsIG Metall backs moderate contributions increase as part of first pillar reform
The union is standing against the Aktienrente, in favour instead of a system based on ‘real solidarity’
-
NewsUK pensions regulator to strengthen its authoritative grip
From April, TPR will create three new regulatory functions that protect, enhance and innovate in savers’ interests
-
NewsTPR urges pension trustees to take note of transition plan recommendations
TPR climate and sustainability lead says UK TPT recommendations can help advisers put together transition plans
-
AnalysisBank of England right to scrutinise the role of funded reinsurance
Prudential Regulation Authority calls for limited exposure to reinsurance
-
NewsVER private assets target unlikely to rise, says CEO
State Pension Fund of Finland grapples with investment strategy implications of new phase of higher outflows
-
NewsSwedish pension funds warn companies against digital-only AGMs
Alecta, AMF, AP funds say will vote down proposals to axe obligation to hold physical shareholder meetings
-
NewsSwiss actuaries back initiative to increase retirement age
The Renteninitiative, as it is called, was launched by the Young Liberals (Jungfreisinnige) to increase the retirement age of men and women to 66 years old
-
NewsKLP is cautiously optimistic about EU’s decision on Cayman Islands
European Commission says Cayman Islands no longer pose a significant anti-money laundering and financing of terrorism threat
-
NewsDeal struck on EU ESG ratings regulation
Data providers out, double materiality provisions in, disclosures also for financial market participants
-
NewsGermany’s BaFin to work closely with Ukraine’s supervisor
Countries deepen financial sector cooperation to prepare Ukraine post-war reconstruction phase
-
NewsSwedish FSA broadens inquiry into Heimstaden Bostad investments
Folksam, KPA Pension and Pensionsmyndigheten are now under investigation for their investments in the residential property developer
-
NewsFinance groups call for delay of SFDR technical changes given broader review
Efama, together with banking and insurance associations, pleads for coordination between RTS adoption and overarching review of SFDR
-
NewsOpposition slams 13th month pension payout Swiss proposal
Recent poll suggests 61% of Swiss would vote in favour of the proposal in upcoming referendum on 3 March
