UK/Europe - The European Commission plans to adopt a "holistic balance sheet" approach to scheme funding rules which will treat sponsor covenants as assets, a consultation reveals.
The European Insurance and Occupational Pensions Authority's consultation on changes to the Institutions for Occupational Retirement Provision directive suggests it will explicitly value a sponsor covenant...
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