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...
Royal London saw its new group pension business decline over the first half of 2018 as the rollout of auto-enrolment (AE) drew to a close, according to its interim results.
Now Pensions has made "huge progress" in resolving legacy administration issues - switching systems and completing unit adjustment for a "large proportion" of members, it says.
Trustees of the Airways Pension Scheme (APS) will not make a firm decision on whether to appeal the Court of Appeal's judgment on discretionary increase payments until September.
Accountant Hashmukh Shah has pleaded guilty to deliberately providing false information to The Pensions Regulator (TPR) when stating a pension scheme had been set up for staff of a London-based restaurant.