EIOPA confirms £150bn impact of shelved solvency proposals
The European Insurance and Occupational Pensions Authority (EIOPA) has confirmed the significant impact imposing a stringent solvency regime on European pension schemes would have.
The final report of EIOPA's quantitative impact study (QIS) on the measures, which had formed part of a planned overhaul of the European pensions directive, found it would increase UK deficits by approximately...
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