Saturday, 07 January 2012 07:07 'Controversial EU pensions regulations would cost British pension companies up to £1 trillion that would be the final nail in the coffin of retirement benefits. The European Insurance and Occupational Pensions Authority has proposed fresh changes to the pension rules for insurers to protect them against insolvency due to market changes. Yet the Solvency II proposals would cost dearly for British companies as they currently meet only 60 percent of the defined benefit schemes obligations in Europe.' Read more: EU Pension Plans Disastrous for Britain
Sunday 8 January 2012
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