eu

The European Union has launched a competition to find the latest dangerous financial product, in an attempt to unearth the next mis-selling scandal.

Solvency II-style capital requirements for pension schemes could cost employers £350bn, cut 180,000 jobs from the economy and cut the value of pensions, the Confederation of British Industry (CBI) has warned.

European legislation the Markets in Financial Instruments directive (Mifid II) is the glaring omission from discussions about the Retail Distribution Review (RDR), according to the chief executive of the Association of Private Client Investment Managers...

Hopes were rising in Brussels that an unlikely deal with the UK over the EU's long-term budget was taking shape, although the chief negotiator was trying to resolve a deluge of last-minute complaints from other countries on the eve of what could be a...

The head of the European Insurance and Occupational Pensions Authority (EIOPA) has proposed an expansion of the organisation's mandate and called for the creation of an "EU retirement savings product".

A conflict erupted between the IMF and European Union last night as it was announced Greece would receive a two year extension to meet its debt reduction target.

Advisers believe uncertainty over future pricing will make it difficult to advise women on lifetime annuities before the EU gender directive on 21 December, Primetime Retirement has found.

Pensions minister Steve Webb has called on the UK pensions industry to throw its weight behind his campaign against Solvency II.

FIVE THINGS

RETIREMENT