Legislation – Page 17
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Special Report
Norway: Sustainability and retirement age under review
The government convenes a panel of experts to assess the state of the country’s pension industry in light of the 2011 reforms
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Special Report
Spain: COVID-19 lays further obstacle on road to reform
Pandemic disrupts the latest government’s progress towards reform of the country’s pension system
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News
Switzerland moves on new fund category for easy market access
Changes to the act aim to increase the number of collective investment schemes in Switzerland
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News
Stakes rise in Tangen case as power shifts to finance minister
Jan Tore Sanner to meet Norges Bank governor about the controversial SWF appointment
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News
Denmark paves the way for major changes to ATP’s model
Parliament debates bill to change “outdated restrictions” to population-wide statutory pension
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News
Irish regulator recruiting extra staff as IORP II transposition in sight
Pensions Authority’s Kennedy says regulator expecting transposition before end of 2020
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News
AP4, AP1 say time limits on COVID-linked ownership draft too tight
Proposals to let Swedish buffer funds hold more voting capital than usual should last longer, says AP4
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News
PLSA recommends statutory duty to provide decumulation support
Association launches consultation on proposal aiming to address problems linked to 2015 pension freedoms
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News
Swiss scheme seeks reform to address negative rates, COVID-19 impacts
At the end of May, the funding ratio for Stiftung Auffangeinrichtung BVG stood at 105.85%, down from 108.7% at the end of 2019
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News
German parliament approves basic pension law
Under the new law, the financial support to employer-financed company pension schemes for low-wage earners will be increased
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News
Pensionskassen insolvency reform to impact on occupational pensions
‘The PSV will step in only if the Pensionskassen cannot pay pensions in full and the employer is insolvent’
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News
Swiss regulator pushes for conversion rate in view of COVID-19 crisis
The pandemic has forced an extension on the reform consultation until May 29
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News
Germany approves Pensionskassen insolvency protection reform
PSV is to take over pension liabilities if an employer becomes insolvent, under certain conditions
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News
Norway ramps up SWF withdrawal to plug 2020 budget hole
Government to use NOK382bn of oil fund money under revised budget
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Country Report
UK country report: Legislation: The waiting game
The UK’s Pension Schemes Bill has been delayed by elections in December and now by COVID-19
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News
German pensions lifeboat preps for insolvencies burden amid reform
PSVaG insures around €345bn of liabilities in Germany and Luxembourg, covering some 11.1 million beneficiaries
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News
Dutch pension experts predict further delays in rights cuts
Relaxed rules have led to rights discounts being repeatedly postponed or avoided
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News
Outbreak puts Norway’s annual government report on SWF on hold
No new date set for the submission to parliament, ministry announces.
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News
VER plans up to €1bn commercial paper investment
Finnish fund to ease firms’ funding by buying their short-term debt gradually and on market terms
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News
Manager of Norway’s domestic SWF to run €4.4bn crisis bond fund
Folketrydfondet to reprise financial crisis role, managing fund to keep Norwegian firms afloat