EU

EUROPE - The European Parliament and Council Presidency have been unable to agree on the final text of the Alternative Investment Fund Managers (AIFM) directive.

EU proposals that over-the-counter derivatives go through a central clearing counterparty could significantly increase costs for schemes.

Romania's private pension system has only been operational since 2007, but they have been an eventful three years, as Chris Panteli discovers

Romania's fledgling private pensions system was launched just as the scale of the global financial crisis became clear. Chris Panteli finds out how it has delivered under some of the tightest investment regulations in Europe

EUROPE - Pension funds should be able to decide for themselves whether the benefits of shareholder engagement outweigh the costs involved, the European Federation for Retirement Provision (EFRP) believes.

GLOBAL - Have you missed the biggest stories in pensions this week? Find out below, as we list the top 10 most popular stories on www.globalpensions.com over the past seven days (13 August - 20 August).

The Pensions Regulator has appointed Nigel Peaple as head of corporate and international affairs.

EUROPE - The European Commission is considering an EU-wide safety net for pension schemes similar to the UK's Pension Protection Fund (PPF).

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.