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ABI response to EIOPAs decision not to pursue EU solvency regime

Yvonne BraunCommenting on EIOPA’s decision not to continue its work on EU solvency regime for pension schemes, ABI Director of Policy, Long Term Savings and Protection, Dr Yvonne Braun, said:

"EIOPA’s decision not to establish a Solvency II style capital requirements for pensions is good news. This has been a key priority for the ABI as a solvency regime for occupational schemes would have been extremely detrimental to the UK’s defined benefit system, and therefore the wider UK economy."

ABI members can access further information on our IORP II page.

Last updated 01/07/2016