UK - European Commission proposals for an adjusted version of Solvency II standards for pension schemes could cost Britain £500bn if they are implemented, the Confederation for British Industry has warned.
The European Commission has launched a Green Paper reopening the issue of solvency standards in pension schemes.
EUROPE - The European Commission has launched a Green Paper reopening the issue of solvency standards in pension schemes.
The Financial Reporting Council has published the first Stewardship Code for institutional investors in a bid to improve their level of engagement with companies.
In February this year Babcock Iinternational announced it had selected Friends Provident to administer a single defined contribution scheme for those who did not have access to a defined benefit arrangement. Helen Morrissey talks to group pensions manager...
BP directors will face "testing questions" from schemes in the wake of the firm's decision to suspend dividends for the remainder of the year, the National Association of Pension Funds says.
The pensions industry is set to revolt over EU attempts to reignite the issue of solvency standards in pension schemes.
The industry has unanimously backed George Osborne's emergency Budget promise to investigate alternatives to the introduction of pension tax relief restrictions for high earners.
The Chancellor must abandon planned cuts to pension tax relief for high earners in the emergency Budget, the National Association of Pension Funds says.
UK - Chancellor George Osborne must abandon planned cuts to pension tax relief for high earners in the emergency Budget, the National Association of Pension Funds says.