European Commission attempts to reform the construction of indices in the wake of the LIBOR scandal could have unintended repercussions for institutional investors, warns the Society of Pension Consultants.
Responding to an EC consultation on the proposals, the SPC said they opened up the possibility of prescriptive regulation of virtually all aspects of the preparation and presentation of indices. ...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
In just a few clicks you can start your free Professional Pensions Lite membership, providing you access to:
- 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
Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here
