EC solvency requirements have been defeated - for now

Jack Jones looks at the jubilant reaction from the UK to the news that the European Commission is shelving plans to impose stringent solvency requirements on schemes

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The attitude of the UK pensions industry towards Europe has mirrored that of the general population in recent years.

Sentiments have progressed from scepticism to outright hostility over proposals from the European Commission (EC) to overhaul its pensions directive. So the announcement last week that the commissi...

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