Latest on Regulation & Reform – Page 87
-
NewsPolitical crisis is a ‘very serious mistake’, says Assofondipensione
Italian governments tend to have short-term views, making it difficult to carry out long-term reforms of the complementary pension system
-
News
Italian private pension funds call on Draghi to stay as PM to guarantee stability
Political instability and the possibility of early elections would lead to postponed reforms
-
News
UK roundup: New measures to boost pension scheme investment diversity
Plus: PLSA calls for six-month formal notice ahead of dashboards launch; ZEDRA launches pensions-focused offering
-
NewsFRC issues roadmap for reboot of UK corporate governance oversight
A consultation on the changes is scheduled to take place from the first quarter of next year
-
News
Danish FSA tells Industriens Pension to consider adding more PE staff
Watchdog hands out official orders to correct private equity management procedures, as part of wider focus on the way pension funds handle the asset class
-
News
Norwegian FSA sees positive pensions solvency effect from higher rates
Pension fund solvency ratios rise to 187% in this year’s Q1 from 179% at end 2021
-
News
EU taxonomy decision increases reporting burden for pension funds
Critics of the Commission’s proposal to brand nuclear energy and natural gas as sustainable energy sources have reacted with disappointment, and the credibility of the EU’s taxonomy was called into question
-
News
PenSam told to tighten up procedures around private equity valuations
Danish FSA hands out official orders to add paperwork on performance monitoring, amid wider regulatory focus on private equity
-
News
Denmark’s AP Pension mulls ‘potentially significant’ impact of court defeat
High court rules that plaintiffs had to bear unreasonable risks after their pension savings were switched by FSP Pension
-
NewsIndustry concerns of transfer delays as DWP, TRP amend guidance
‘There still remains a fundamental mismatch between the Regulator’s guidance and the wording of the legislation,’ says LCP
-
NewsSwitzerland roundup: Parliamentary committee to tackle second pillar reform
Plus: Cabinet recommends a vote for first pillar reform in referendum; Compenswiss to change accounting standards
-
News
IOSCO to rule on suitability of ISSB standards within months
The ISSB’s mission is to establish a global minimum baseline in sustainability reporting
-
News
German regulator adds to guidelines for occupational schemes’ risk assessment reports
WTW survey: Pensionskassen demand simplification of supervisory rules
-
NewsIceland’s central bank plans to review pension fund activities
Despite strong growth of pension funds and increased activities, law has still not been updated, says supervisor
-
Country ReportItaly: Struggles of the pension sector
Italian industry-wide pension funds fail to attract new members, with potentially serious long-term consequences
-
FeaturesSeeking clarity as stakeholders shine a light on ESG ratings
There is confusion about the objectives of ESG ratings and any regulation needs to be clear about what it is trying to achieve and for whom
-
FeaturesA flawed EU crypto regulatory framework
The EU will soon have a specific regulatory framework for crypto currencies and markets. Under proposals soon to be adopted, only crypto coins authorised in the EU will be allowed to be offered to investors. But crypto assets and exchanges will have a very light supervisory regime, much less than what is in place for financial instruments and exchanges. This raises the question about the rationale for distinct rules. This question is even more acute in the context of the big decline in the crypto markets over the past weeks.
-
NewsUK’s DWP launches second consultation into pensions dashboards
DWP is ‘missing the point’, says LCP’s Steve Webb
-
NewsSwedish FSA winds up Alecta equity probe, citing improved controls
Watchdog investigated pension provider’s internal controls and risk management between 2020 and 2022
-
NewsIIGCC calls for ‘ambitious, speedy’ resolutions on key EU climate files
CEO writes to ministers, leaders ahead of EU Council energy and environment meetings
