Sense has been seen at last - and Commissioner Michel Barnier has said he will scrap plans to include new solvency rules in the new version of the Institutions for Occupational Retirement Provision (IORP) Directive.
These rules could have increased UK scheme deficits by anything from £300bn to £500bn so the sudden volte-face is welcome indeed. Instead the new directive will focus solely on transparency and disclosure...
Pension freedoms could generate as much as £1.9bn a year in tax revenue for the next 10 years, according to research by the Pensions Policy Institute (PPI).
The Pension Protection Fund (PPF) has conceded it does not have "all the data we need to calculate" the impact of last month's ruling that some benefits may be unlawful.
A looming court decision on gender equalisation of pension schemes could hit FTSE 100 profits by up to £15bn, Lane Clark and Peacock (LCP) says.
Dutch custodian KAS Bank has created a fintech solution to help schemes save on costs and improve transparency of currency hedging strategies.