EU Archives - Page 3 of 14 - Pension Policy International

26JunJune 26, 2023

Alternative funds expect surge in pension inflows

A new study conducted by Ocorian, a global leader in entity administration and alternative fund services, reveals that alternative fund managers are anticipating a significant increase in inflows from pension funds over the next 18 months. The research, which surveyed 100 alternative fund managers across the United Kingdom, United States and Europe, indicates that 36% of respondents expect a dramatic rise in investments from pension funds, while an overwhelming 87% predict an overall increase in inflows into alternative investments from...

June 26, 2023

NewsEU, Investment, UK, US

26JunJune 26, 2023

EIOPA says national supervisors need more data on liquidity risks

Pension funds and insurers in Europe are holding up well in spite of higher financial stability risks, according to a new report from the European Insurance and Occupational Pensions Authority (EIOPA) – but the body also said national supervisors need more data on liquidity and other risks to make sure buffer requirements are adequate. Publishing its June 2023 Financial Stability Report today, Frankfurt-based EIOPA said the European economy was currently experiencing a new period of high uncertainty and elevated financial...

June 26, 2023

NewsEU, Regulation, Risk, supervision

13JunJune 13, 2023

EU. Bureau adopts measures to put MEPs’ pension scheme on a more sustainable path

Confirming its decision on 22 May, the Bureau modified the conditions of the voluntary pension fund closed in 2009 to put it on a more sustainable path. The voluntary pension fund was created in 1990, when there was no single statute for MEPs. The fund was closed in 2009, which meant that no MEPs could join the scheme as of 2009 when the new MEPs' single statute entered into force. From the moment she came in office, President Metsola tasked the...

June 13, 2023

NewsEU, Sustainability

24MayMay 24, 2023

EU. MEPs face 50% cut to luxury pensions, but public still set for hefty bill

The European Parliament is set to slash payouts from its controversial top-up pension fund by 50 per cent as part of measures aimed at eradicating a €300 million deficit and averting a looming bankruptcy. Despite beneficiaries now facing major cuts to their pension payments, around €86 million is still expected to be covered with public money. After years of procrastination and an ever-growing deficit, the European Parliament has finally taken the bull by the horns to address the impending bankruptcy of...

May 24, 2023

NewsEU, Funding, Sustainability

28AprApril 28, 2023

Pension funds need to consider beneficiaries’ sustainability preferences more – here’s why the IORP II consultation matters

The European Insurance and Occupational Pensions Authority (EIOPA) consultation on the review of the Institutions for Occupational Retirement Provision (IORP) II Directive closes next month, on the 25 May. What’s at stake here is significant – how to take account of preferences to invest sustainably, and how the law, and the overall policy landscape, can improve. EIOPA’s technical consultation features a dedicated sustainability chapter. It suggests that pension funds should integrate members’ and beneficiaries’ sustainability preferences into investment decision-making while complying...

April 28, 2023

NewsEU, Regulation

21AprApril 21, 2023

EU Climate Risk Regulation Gets Real for the Financial Industry

Political battle lines in the U.S. may have hardened — especially when it comes to applying sustainability standards to public pension investing — but in the EU, things have moved faster. In Europe, climate risk is now accepted as one of the biggest macroeconomic forces impacting economic and business sustainability, and as a result, investment firms are actively grappling with critical decisions on sustainability compliance — including risk measurement, reporting and portfolio composition. Over the past several years, legislators have...

April 21, 2023

NewsESG, EU, Investment

18AprApril 18, 2023

European managers aim to hold line on ESG fees despite costs

Money managers in Europe said they are gathering more assets thanks to the explosion of investor demand for sustainable investment strategies in recent years, but they aren't yet charging higher management fees for ESG strategies even if their costs have increased. Adam Gillett, head of sustainable investment at Willis Towers Watson PLC, said that the costs involved in meeting the standards of the European Union's Sustainable Finance Disclosure Regulation are significant. "Where permitted and appropriate, managers may be including some of...

April 18, 2023

NewsESG, EU

03MarMarch 3, 2023

Government spending in Spain from a European perspective

By Mario Alloza, Julia Brunet, Victor Forte-Campos, Enrique Moral-Benito & Javier J. Pérez This document presents a detailed analysis of the structure of general government spending in Spain and its recent evolution in comparison to the rest of the European countries. The weight of Spanish public spending is similar to that of neighbouring countries, although below the average for a reference group of European countries (EU-15). Thus, in 2019 the level of public spending stood at 42% of GDP compared to...

March 3, 2023

Articles, System Characterization2022, EU, Political economy, Public Pensions, Spain

02MarMarch 2, 2023

EU publishes standards to fight greenwashing in green bonds

European Union lawmakers agreed a new standard for companies issuing green bonds in an effort to help fixed-income investors avoid greenwashing. The European Parliament and the Swedish presidency, in its role as representative for EU leaders, agreed requirements for companies that issue green and sustainable bonds as part of their transition to a low-carbon economy. The European Green Bonds Standard will help investors and managers to ensure they are investing in sustainable technologies and businesses, the European Parliament said in a...

March 2, 2023

NewsClimate crisis, ESG, EU, Regulation

24FebFebruary 24, 2023

The rise of elderly workers: The Europeans defying retirement norms and working past the age of 70

While trade unions are mobilising in France to defend retirement at 62, throughout the European Union, men and women are working beyond the age of 65 or even 75. Who are they? The official statistics draw the average picture of a self-employed man aged between 65 and 69, working rather part-time in the health or social sector. But this average situation obviously overlooks the nuances from country to country. In which EU countries do people work beyond the age of 65? Firstly, it’s...

February 24, 2023

NewsAging, EU, Labor Market, Retirement Age

June 2023

Alternative funds expect surge in pension inflows

EIOPA says national supervisors need more data on liquidity risks

EU. Bureau adopts measures to put MEPs’ pension scheme on a more sustainable path

May 2023

EU. MEPs face 50% cut to luxury pensions, but public still set for hefty bill

April 2023

Pension funds need to consider beneficiaries’ sustainability preferences more – here’s why the IORP II consultation matters

EU Climate Risk Regulation Gets Real for the Financial Industry

European managers aim to hold line on ESG fees despite costs

March 2023

Government spending in Spain from a European perspective

EU publishes standards to fight greenwashing in green bonds

February 2023

The rise of elderly workers: The Europeans defying retirement norms and working past the age of 70