Legislation – Page 2
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News
Germany pushes EU Commission to scale back sustainability reporting rules
Germany asks EU Commission to postpone the CSRD application deadline by two years
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News
Norway’s pension providers at odds over paid-up policy proposals
Pension funds lobby calls for separate treatment for its members, while banking and insurance industry advocates same requirements for all providers
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UK government puts second phase of pensions review on hold
The second phase of landmark pensions review was expected to launch before the end of the year
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German parties slam FDP’s attempt to reform third pillar pension system
BVI says Germany’s political parties are already in election campaign mode and are using the opportunity to set their own agenda
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Norway’s SWF seeks green light to sell slowly-growing Russian assets
NBIM also makes first Israeli company blacklisting since ethical council stepped up its stance regarding Palestinian territory occupation
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News
EIOPA chair links horizontal legislation to complexity, reporting burden
There is an imperative to be ‘smart and efficient’, said Petra Hielkema at EIOPA conference
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Analysis
Italian institutional investors confronted with hard reality of net-zero transition
Panellists at Salone.SRI in Milan this week agreed that journey towards net zero will progress despite challenges
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Analysis
IPE DACH Briefing: Germany’s pensions industry looks to new government for reforms
Plus: Transition to DC schemes in Germany; ASIP and Publica in Switzerland warn of consequences of higher lump-sum withdrawals
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News
Absence of further guidance on surplus sharing for UK DB schemes is ‘missed opportunity’
Industry commentators say government should tap into corporate DB pension sector for capital investment into UK
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News
Industry calls for thoughtful execution of UK LGPS ‘megafunds’ reforms
Government is looking to secure more than £20bn for investment in local communities
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News
Swiss pension funds call for review of ESG reporting standards
Swiss schemes have faced challenges with data collection, processing and consolidation when reporting for the first time
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News
German liberal party axes first pillar pension reform package
Labour minister Hubertus Heil says his party SPD ‘will fight’ to find a majority in Parliament to approve the reform package before elections on 23 February 2025
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News
Iceland’s pension funds reject idea of subjecting them to bank rules
Central bank says given expected growth of pension funds, they should have rich opportunities for investing in diverse assets at home and abroad
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News
Icelandic pension funds call for auto-enrolment of additional pension
Leaders at Frjalsi and Almenni pension funds argue participation in the 25-year-old scheme should be boosted by employers signing staff up as the default
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Analysis
Collapse of German government coalition turns back clock on pension reforms
Finance minister and head of the FDP Christian Lindner, whose party pushed for an equity fund for first pillar pensions, was sacked today
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News
Norwegian pension funds upbeat on start-ups investment plan
Industry association also warns of current and potential regulatory conditions standing in the way of pension fund investment in entrepreneurs
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News
Nordic FSA chiefs urge EU regulators to simplify financial rulebook
Simpler rules should be enforced by ‘risk-based supervision with strong discretionary tools’, Nordic watchdogs tell EIOPA, ESMA, EBA heads
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News
German Insurance Association calls on government to improve third pillar reform draft
GDV says the value of lifelong benefits is underestimated in the public perception
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News
AP7 joins call for US states to cut oil/gas sector methane emissions
Swedish national pension fund said reducing methane leaks from oil and gas industry is ‘one of cheapest ways to reduce GHG emissions quickly’