Regulation

EUROPE - The European Commission has launched a Green Paper reopening the issue of solvency standards in pension schemes.

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.

More than 94% of respondents to the Global Pensions 100 Panel said they had no intention of taking legal action against BP to recoup losses to their investments following the Gulf of Mexico oil spill.

Legal & General and Hymans Robertson have unveiled a health liability insurance plan which could save local government pension scheme sponsors hundreds of thousands of pounds.

RUSSIA - Russian Finance Minister Alexei Kudrin's proposal to raise the retirement age is an attack on the United Russia party that Prime Minister Vladimir Putin chairs, a senior party official said.

A Canadian court has once again prevented The Pensions Regulator from issuing a warning notice to recover £2.1bn from Nortel Networks in Canada.

The coalition government will push ahead with NEST if the independent review panel decides the current structure is fit for purpose as well as tackle GMP equalisation and introduce a new Pensions Act, pension minister Steve Webb says.

The first issuance of a contribution notice could signal a clampdown on companies who fail to engage with trustees and the regulator, lawyers say.

The Pensions Regulator's decision to finally enforce its moral hazard powers - through a £5m contribution notice to the Bonas Group Pension Scheme - got me thinking about Daddy Longlegs. Apparently, the bumbling Longlegs has the most powerful venom in...

The Pensions Regulator has issued a £5m contribution notice to the Bonas Group Pension Scheme.