London councillors are exploring plans for a £30bn pan-London pension fund merging the assets of Transport for London, the City of London Corporation and 33 borough councils.
Europe's latest white paper on pension provision has done little to allay fears for UK defined benefit schemes should Solvency II come into force.
Asset managers, lobby groups, consultants and law firms have reacted warily to the publication of EIOPA advice on Solvency II standards for pension schemes. Here's what they had to say
The European Insurance Occupational Pensions Authority will today publish its advice to the European Commission on plans to integrate Solvency II rules into pan-European pension regulations.
Yesterday, the Department for Work and Pensions published the revised timetable of staging dates for auto-enrolment. PP rounds up industry reaction and looks at how the changes will help larger as well as smaller employees.
The Pensions Regulator will publish a statement in April to help trustees dealing with the valuation and recovery plan process in the current economic climate
Proposals to bring iorps directive into line with solvency ii rules receive negative UK response.
Spiralling defined benefit costs and uncertainty over future European Union scheme solvency proposals are constraining UK business performance, a survey of leading chief executive shows.
Auto-enrolment will force small employers to reduce benefits and potentially freeze recruitment to meet rising pension costs.
Solvency II requirements for defined benefit schemes will double the value of technical provisions required to fund liabilities, costing sponsors £500bn, employers warn.