Reported deficits of FTSE 350 defined benefit (DB) schemes could be set for a 20-fold increase if an EU-wide holistic balance sheet (HBS) is introduced, warns Barnett Waddingham.
The pension industry has warned that the European pension regulator's proposed Holistic Balance Sheet (HBS) would have a detrimental impact on UK schemes.
A controversial proposal in draft EU pensions legislation would destroy the defined benefit (DB) cross-border scheme market, warns the Association of Consulting Actuaries (ACA).
The European Insurance and Occupational Pensions Authority will soon launch a probe into how pension schemes have acted in stress scenarios over the past decade.
The European Insurance and Occupational Pensions Authority (EIOPA) has launched a consultation on solvency rules for EU pension schemes.
Capital requirements could be reinserted in the proposed Institutional and Occupational Retirement Provisions (IORP) II Directive, warns PensionsEurope.
Stephanie Baxter explains why a UK financial services commissioner is great news for pensions
Harmonising pension policy on a European Union (EU) level is unlikely to work due to a lack of demand for cross-border schemes, according to a Treasury report, published yesterday.
The Office of Fair Trading (OFT) has appointed leading figures from the pension industry to the board that will oversee the audit of defined contribution (DC) legacy schemes.
Academics have launched a consultation to establish the best way to model defined contribution schemes which could have "uncomfortable implications for plan members".