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UK bodies slam EU pensions reform

14 February 2012

Trade associations including the National Association of Pension Funds have expressed concerns about EU plans for new pension rules modelled on Solvency II

Read more: NAPF Eiopa EU pensions Solvency II

Three UK trade associations have spoken out against the European Commission’s plan to introduce Solvency II-type rules on private pension schemes EU that could push many firms into insolvency.

The Commission has proposed a reform of the IORP Directive which covers EU private pensions, and is...