EUROPE - European Federation for Retirement Provision (EFRP) vice chairman Jaap Maassen has refuted media reports that the EFRP is dissatisfied with the proposal for the European pension funds directive.
He added the ECOFIN political agreement of 4 June 2002 was an important milestone in that it: - endorses the European passport concept for pension funds;- accepts the ‘prudent person rule’;- establishes...
Michael Bow talks to Matti Leppälä
EUROPE - The majority of European multinational companies would like to develop cross-border pensions but differing regulations among member states and uncertainty over changing European rules are giving plan sponsors pause, AEGON finds.
EUROPE - Mercer has launched a service to help trustees and other institutional investors meet their stewardship requirements.
That the third quarter was turbulent was no surprise. But recently released funding figures for pension funds and asset under management figures for asset managers have helped us crystallise the cost of the uncertainty surrounding the future of the EU...
Pension funds could soon have to bear the cost of a Europe-wide tax on equity, bonds, currency and derivative transactions, finds Lynn Strongin Dodds