A new European supervisory body may have the power to impose funding standards on occupational pension schemes, if proposals working their way through the European Commission (EC) take effect. Irrespective of this, a review of the existing Pensions (also known as IORP) Directive seems to be nudging towards some harmonisation of solvency standards for pension funds across Europe. For good measure, the EC is due to launch a high-level consultation (Green Paper) targeting delivery of adequate and sustainable pensions.
Towers Watson
Mai 28, 2010 at 18:18 in
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