The European Commission has bowed to UK pension industry demands for a longer consultation period on Solvency II requirements and extended the deadline by five weeks.
UK/Europe - The European Commission plans to adopt a "holistic balance sheet" approach to scheme funding rules which will treat sponsor covenants as assets, a consultation reveals.
Employers are failing to fully hedge their liabilities after a study revealed half of the FTSE350 still had a proportion of their market capitalisation valuation un-hedged.
The European Commission plans to adopt a "holistic balance sheet" approach to scheme funding rules which will treat sponsor covenants as assets, a consultation reveals.
Local authority pension funds offer the best prospects for kick starting a nationwide house building initiative to solve the UK's house shortage, a think tank says.
The scheme at the heart of a legal dispute between trustees and the Pension Protection Fund has finally completed its transfer to the lifeboat fund one year after it went into liquidation.
UK - The Pensions Regulator has warned investors it will take action against firms triggering pre-pack insolvencies to offload pension liabilities from businesses, delegates heard.
The Pensions Regulator has warned investors it will take action against firms triggering pre-pack insolvencies to offload pension liabilities from businesses, delegates heard.
Proxy voting agencies are undermining the governance efforts of investors who try to to engage more effectively with firms they are invested with, a policy chief says.
UK/Europe - The European Commission must make sure it does not "mix apples with oranges" and confuse the insurance industry with pension funds.