International accounting standards for listed companies are riven by faultlines that are damaging for business, according to a group of UK pension schemes and long-term investors.
The burden of complying with an updated European pensions directive and changes announced in the Budget could lead employers to wind up small schemes, warns a consultant.
How European regulation could affect scheme investments
Jack Jones looks at the content of the EC's updated pensions directive.
The European Commission has shelved plans to relax the funding requirements on cross-border schemes, according to reports in the Financial Times.
The long-awaited update to the European Commission's directive on workplace pensions will be published on 27 March.
An overhauled EU pensions directive will encourage the development of cross-border schemes by dropping the requirement for them to be fully funded at all times, says Towers Watson.
Benne Van Popta has been elected chairman of the European Insurance and Occupational Pensions' (EIOPA) occupational pensions stakeholder group.
Asset managers have urged the European Commission (EC) to extend the duration of its proposed European long-term investment funds (ELTIFs) to attract institutional investors.
The success of national pension tracking systems in Denmark, Finland, Sweden and the Netherlands could provide a model for the rest of the continent, say European actuaries.