SWEDEN is developing a new system of colour coded stress tests on the lines of the "traffic light" system in Denmark, to assess the financial strength of its pension institutions.
The Swedish Financial Supervisory Authority (SFSA), the Finansinspektionen, is planning to introduce the new system from 1 January, 2006 as part of the EU Pensions Directive and hopes the new measu...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
- Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
- Receive important and breaking news stories via our two daily news alerts
- Hear from industry experts and other forward-thinking leaders