Eu Rule Change Would Hit Uk Final-Salary Pension Provision

Summary


European plans to subject pension funds to the same capital adequacy requirements as insurers could hasten the demise of final- salary schemes, a trade body has warned.

The EU has proposed a solvency regime for pension funds that would mirror the system put in place for insurers, meaning they would have to hold similar levels of capital.

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Eu Rule Change Would Hit Uk Final-Salary Pension Provision

But the National Association of Pension Funds (NAPF), which has 15 million m...

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