EU Solvency II proposals could undermine provision - NAPF

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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.

In a formal response submitted today to the European Commission (EC) Green Paper on Pensions, the National Association of Pension Funds (NAPF) said the proposed solvency regime, which would mirror ...

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