EFRP takes stance on pension regulation harmonisation
The Brussels-based European Federation for Retirement Provision is the industry body for occupational pension schemes across the European Union, leaving it in an ideal position to discuss the impact of attempts to harmonise the disparate regulatory standards among member states. Theodora Tsentas reports
Life & Pension Risk: The European Federation for Retirement Provision (EFRP) recently welcomed the publication of the EU Green Paper, ‘Towards Adequate, Sustainable and Safe European Pension Systems'. Given that it previously rejected the application of Solvency II to pensions systems, where does the dividing line sit between a Solvency II and an EU-wide harmonisation of pension fund solvency standards?
Chris Verhaegen, secretary-general, EFRP: Ultimately there will be some harmonisation of the
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