The European Insurance and Occupational Pensions Authority has published its advice to the European Commission on plans to harmonise regulation and introduce stringent solvency requirements for pension schemes.
The advice - which runs to more than 500 pages - differs little from the draft version that EIOPA released for consultation last year and leaves the door open on capital adequacy requirements depending...
This week's top stories included Legal & General acquiring MyFutureNow to provide a dashboard service to customers, while also agreeing a hybrid buy-in with a Hitachi scheme.
NEST has signed up to the government-backed Star Initiative, taking all of its 8 million members' pension pots with it.
It is perhaps inherently difficult to find an agreed definition of value for money, but some methodologies could act as a stopgap, argues Jonathan Stapleton.