EC: We don’t sit in an ivory tower finding solutions to problems that don’t exist

EU flag

The European Commission (EC) rejected the view that the increased harmonisation of pension fund regulation was unnecessary – " we don't sit in an ivory tower coming up with solutions to problems that don't exist", said Jonathan Faull, director general of its internal market and services division.

The EC issued a green paper, Towards Adequate, Sustainable and Safe European Pension Systems, in July, the consultation period for which closed in the middle of November. At a conference in Frankfurt,

To continue reading...