EUROPE - The sustainability of public finances is challenged by poor design of public pensions, which promotes unrealistic expectations, according to European commissioner Joaquin Almunia.
The “clear risk” which these systems posed to public finances in a large number of EU member states also raised doubts about the sustainability of the European social model, added the commissioner for...
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