EUROPE - Gérard Ménéroud, the new chairman of the Comité Européen des Assurances' (CEA) life insurance committee, is to focus on the taxation of occupational pension schemes during his two year term.
Ménéroud replaces Jürgen Eichelmann, former member of the Allianz board.
Ménéroud joined the CNP Assurances executive board in June 2002, following a 30-year career with the Union des Assurances de Paris and then AXA.
He said: “Many life insurance issues will be discussed at EU level over the next few months, such as portability and taxation of occupational pension schemes in cross-border situations and gender equality.
“I am proud to be playing my part in making sure that CEA continues to promote effectively the views of the European insurance industry.
CEA is the European federation of the insurance and reinsurance industry and represents 31 national member associations and over 5000 European insurance companies with a total domestic premium income of e855bn.
The Next Generation Pensions Committee is on a mission to promote and encourage younger voices in the industry. Kim Kaveh looks at its key objectives
This week's top stories included an analysis finding the cost of equalising guaranteed minimum pensions in schemes could hit FTSE 100 profits by up to £15bn.
Employers whose dividend to deficit recovery contribution (DRCs) ratios fall outside the "normal range" should expect to see higher regulatory scrutiny, although no fixed ratio will be set.
Investment consultants and fiduciary managers should expect a final decision on the investigation into the market to be published by the end of the year, the competition watchdog says.