EUROPE - Charlie McCreevy, EU commissioner for internal markets and services, has questioned the role played by credit rating agencies during the US sub-prime mortgage crisis.
Having already criticised the agencies for how slow they were in downgrading their credit ratings for structured finance backed up by sub-prime lending, McCreevy questioned the robustness of the agencies’...
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