Legislation – Page 24
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News
Koolmees: ‘Balanced transition’ most difficult challenge of new pensions contract
If pension schemes’ funding ratios are still below 100% at the moment of transition, they will have no choice but to cut pension rights
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News
New Dutch pension contract could fall foul of European law, says lawyer
Hans van Meerten challenges on the reform plans’ compatibility with EU law
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Special ReportSpain: COVID-19 lays further obstacle on road to reform
Pandemic disrupts the latest government’s progress towards reform of the country’s pension system
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Special ReportNorway: Sustainability and retirement age under review
The government convenes a panel of experts to assess the state of the country’s pension industry in light of the 2011 reforms
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Special ReportUK: Consolidation remains controversial
Guidance on the long-awaited legislation setting out a regulatory framework for superfunds is finally released
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Special ReportSweden: Refining the new IORP II regime
Sweden adds extra elements to its IORP II implementation and transitional measures to address the fall in asset values resulting from COVID-19
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Special ReportItaly: Pandemic paves the way for the next phase of reform
Italian policymakers will be under pressure to upgrade the three-pillar pension system over the coming years
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NewsSwitzerland moves on new fund category for easy market access
Changes to the act aim to increase the number of collective investment schemes in Switzerland
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News
Stakes rise in Tangen case as power shifts to finance minister
Jan Tore Sanner to meet Norges Bank governor about the controversial SWF appointment
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NewsDenmark paves the way for major changes to ATP’s model
Parliament debates bill to change “outdated restrictions” to population-wide statutory pension
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NewsIrish regulator recruiting extra staff as IORP II transposition in sight
Pensions Authority’s Kennedy says regulator expecting transposition before end of 2020
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NewsAP4, AP1 say time limits on COVID-linked ownership draft too tight
Proposals to let Swedish buffer funds hold more voting capital than usual should last longer, says AP4
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News
PLSA recommends statutory duty to provide decumulation support
Association launches consultation on proposal aiming to address problems linked to 2015 pension freedoms
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NewsSwiss scheme seeks reform to address negative rates, COVID-19 impacts
At the end of May, the funding ratio for Stiftung Auffangeinrichtung BVG stood at 105.85%, down from 108.7% at the end of 2019
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NewsGerman parliament approves basic pension law
Under the new law, the financial support to employer-financed company pension schemes for low-wage earners will be increased
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News
Pensionskassen insolvency reform to impact on occupational pensions
‘The PSV will step in only if the Pensionskassen cannot pay pensions in full and the employer is insolvent’
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NewsSwiss regulator pushes for conversion rate in view of COVID-19 crisis
The pandemic has forced an extension on the reform consultation until May 29
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News
Germany approves Pensionskassen insolvency protection reform
PSV is to take over pension liabilities if an employer becomes insolvent, under certain conditions
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News
Norway ramps up SWF withdrawal to plug 2020 budget hole
Government to use NOK382bn of oil fund money under revised budget
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Country ReportUK country report: Legislation: The waiting game
The UK’s Pension Schemes Bill has been delayed by elections in December and now by COVID-19
