'Misguided' Green Paper proposals could shift fund investment

clock

EUROPE - European Commission Green Paper proposals for an adjusted version of Solvency II standards for pension schemes could force firms to hold huge unnecessary surpluses, the Confederation for British Industry said.

Head of pensions Neil Carberry warned the "misguided" measures could force companies to hold large surpluses, which would then be invested in low risk, low return assets such as sovereign debt. ...

To continue reading this article...

Join Professional Pensions

  • Unlimited access to real-time news, analysis and opinion from the industry
  • Receive our in-depth monthly magazine in either print or digital format
  • Access our Sustainable Investment Hub covering news and opinion from thought leaders in the ESG space
  • Receive important and breaking news stories selected by the Editors in our daily newsletter
  • Hear from industry experts and other forward-thinking leaders
  • Receive a monthly members-only newsletter with exclusive opinion pieces from leading industry experts and a feature from the magazine in advance of its release date

Join now

 

Already a Professional Pensions
member?

Login

More on Europe

Industry Voice: The European bond market is modernising

Industry Voice: The European bond market is modernising

Justin Wheeler, Head of iShares UK Asset Owner Distribution, BlackRock.
clock 16 December 2021 • 7 min read

Industry Voice: The eurozone's recovery will take a break this winter

The currency union faces four possible growth scenarios

Tomasz Wieladek, T.Rowe Price International Economist
clock 20 November 2020 • 4 min read

Interview: The new boy in Brussels

Michael Bow talks to Matti Leppälä

clock 08 December 2011 •
Trustpilot