EU

POLAND - Poland is unlikely to suspend mandatory payments to private pension funds and will look for ways to finance the budget deficit that won't "dismantle" the pension system, Prime Minister Donald Tusk said.

EU plans to introduce Solvency II funding requirements to UK schemes face an "overwhelming tide of objection" and should be abandoned, lawyers say.

The pensions industry could be forced to legally disclose their environmental, social and governance policies under proposals put forward by the European Union.

Plans by the European Union to introduce Solvency II rules to the pensions industry run the risk of undermining pension provision rather than strengthening it, industry bodies have warned.

EUROPE - Plans by the European Union to introduce Solvency II rules to the pensions industry run the risk of undermining pension provision rather than strengthening it, industry bodies have warned.

EUROPE - Cross-border passporting of schemes should be allowed between EU countries with similar social and labour law and pension systems, the Society of Pension Consultants says.

Cross-border passporting of schemes should be allowed between EU countries with similar social and labour law and pension systems, the Society of Pension Consultants says.

POLAND - Poland wants the European Union to allow countries that have overhauled their pension systems to breach the bloc's debt and deficit limits without incurring penalties, said Deputy Foreign Minister Mikolaj Dowgielewicz.

EUROPE: The Alternative Investment Fund Managers (AIFM) directive is set to be voted into law within the next two weeks after negotiators agreed the final text of the rules.

EUROPE - The investment industry has cautiously welcomed the long-awaited agreement on the Alternative Investment Fund Managers (AIFM) directive.