Latest on Regulation & Reform – Page 76
-
Opinion PiecesGermany's gamble with sweeping pension reforms
This is without a doubt an interesting time for pension reforms in Germany, given the inevitable associated risks of failure.
-
FeaturesAustralia: Regulator targets greenwashing
Vanguard, one of the world’s largest investment managers, suffered the indignity in December of being the second company in Australia to receive an infringement notice for alleged greenwashing.
-
Book ReviewBooks: Financial crises and the failure of risk measures
This is a great book for anybody who would like to understand the causes and dynamics of financial crises. The author delivers deep insights into systemic financial risks for our economies, and why risk management tools and regulations fail when it matters most. The text is written in conversational style, full of anecdotes, wisdoms and polemics, which makes reading a pleasure even for the non-expert. To be recommended not only for risk managers but also for investment directors and trustees.
-
NewsVER warns of new investment challenges ahead after law change
Finnish state pension fund’s governing act amended in 2022, increasing fund’s net contributions to the scheme
-
NewsPension reform endgame, lower inflation to propel Dutch buyout market
The buyout market for pension funds stalled in 2022, with only one deal concluded
-
NewsSocial partner model spreads to small, medium-sized firms in Germany
New contracts for more than 600 employees have been signed so far
-
NewsDanish lobby says tax agency owes pension firms nearly €500m
IPD complains to ombudsman after tax authority fails to act properly on ECJ ruling of 2014
-
NewsTPR’s new funding code causes cost concerns for DB schemes
Nearly half of trustees and sponsors (42%) are concerned about the additional governance challenges, and in turn associated costs, that the code will bring
-
NewsDifficult for pensions industry to prepare for pensions dashboards, says Isio
For pensions administrators, the decision on which ISP to connect with constitutes the beginning of a long-term partnership and significant investment
-
NewsDutch pension federation slams over-inquisitive regulator over pension transition policy
DNB also gives itself excessive discretionary power to block the transition of pension funds to the new DC system, according to Pensioenfederatie
-
NewsGovernance codes for Dutch pension boards to include cultural diversity
Currently, it is recommended pension funds have at least one woman and one person younger than 40 on their boards
-
NewsLower accruals age adds 100,000s to pension fund member tally
Three sector funds in low-wage industries expect the bulk of new 18-21 year-old members
-
NewsEuropean roundup: Consolidated tape could attract capital into smaller markets, says EFAMA
Plus: PEPP platform launched by UK technology provider
-
NewsFCA launches consultation on asset management regulation
Regulator looking to improve asset management regulation with a more modern and tailored regime
-
NewsItalian pension fund association calls on government to cut tax burden on returns
The association is also demanding the government replaces the pro-rata standard to calculate pension benefits
-
NewsISSB approves 1 January 2024 for sustainability standards in unanimous vote
The board originally planned to issue the standards before the end of last year
-
NewsEU standards for ESG benchmarks could give funds ‘automatic’ pass under SFDR
Index providers will often direct clients to third-party data houses if they want more details about ESG
-
NewsThe fight over SFDR’s role as a sustainability label
‘In the absence of an EU-wide labelling regime for ESG funds, some managers have also used Articles 8 and 9 as proxy labels for communication purposes,’ ESMA says
-
NewsUK watchdog canvasses views from financial sector on sustainability
FCA issues discussion paper to highlight good practices and mull need for more regulation
-
NewsFrench regulator calls for targeted SFDR review
AMF proposes the introduction of minimum environmental requirements and calls for exclusion of fossil fuel activities
