Archive

IORP Directive

The EU has recently approved a major revision of the EU legislation on workplace pension schemes – the Directive on Institutions for Occupational Retireme...

Local Government Pension Schemes and MIFID II

The PLSA has opposed FCA plans to reclassify local authority pension funds as retail investors. Local authority schemes are currently classed as ‘professional’ investors, but the Financial Conduct Authority is proposing to change t...

EU solvency plans for pension schemes and the ‘Holistic Balance Sheet’

The PLSA has consistently resisted EU plans for a new funding regime for pension schemes, based on the insurance industry’s Solvency II Directive. Concerted opposition fr...

Brexit

The UK has the largest pensions sector in the EU. The PLSA’s members provide pensions for 20 million workers, savers and pensioners. Auto-enrolment has brought 7 million more people into pension saving – a great ...

Capital Markets Union

The centrepiece of the European Commssion’s programme is the Capital Markets Union – a plan to make Europe’s economy less reliant on bank finance – particularl...

EU and personal pensions

One of the key pensions-related actions in the European Commission’s flagship Capital Markets Union programme is the creation of an EU-wide framework for personal pensions. E...

EU rules on derivatives

The European Market Infrastructure Regulation (EMIR) injects extra regulation and transparency requirements into the trade in over-the-counter (OTC) derivative...

Financial Transaction Tax

The Pensions and Lifetime Savings Association has warned that a new tax on financial transactions would hit savers and pension schemes.The EC’s proposal for a Financial...