Strife threatens directive passage

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EUROPE - "Internecine strife" between asset managers and insurers is threatening the passage of the European pensions directive through the European Parliament, according to Alan Pickering, chairman of the European Federation for Retirement Provision (EFRP).

Pickering, in particular, laid blame at the doors of Austrian and German insurers. The chairman of the EFRP made the revelations in session at the Global Pensions’ European pensions law roundtab...

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