NAPF: EU Solvency II proposals could undermine provision

steel-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 yesterday to the European Commission (EC) Green Paper on Pensions, the National Association of Pension Funds (NAPF) said the proposed solvency regime, which would mirror the system adopted by the EU for the European insurance industry, was inappropriate.

The Association said while

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: