Asset managers, lobby groups, consultants and law firms have reacted warily to the publication of EIOPA advice on Solvency II standards for pension schemes. Here's what they had to say
J.P. Morgan Asset Management European head of strategy Paul Sweeting said the advice did "little to allay concerns" about the outlook for defined benefit pensions in Europe. "EIOPA state that they do...
PwC, KPMG, EY and Deloitte must break up their consultancy and audit businesses into distinct firms to provide greater focus on the "most challenging and objective audits", the competition watchdog has said.
The Department for Work and Pensions (DWP) has released its first batch of guidance setting out how the guaranteed minimum pension (GMP) conversion legislation may be used to resolve unequal payments.
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