Darren Philp, NAPF Director of Policy, said: “We have now reached an extremely important stage in the EU's review of the Directive covering occupational pensions. The NAPF and its members will be playing a leading role in explaining why Solvency II is not appropriate for UK pension schemes and that its introduction would seriously undermine Defined Benefit pensions.“
“We hope that EIOPA will realise the unsuitability of these rules and that it will make this clear to the European Commission."
Press release
© NAPF - National Association of Pension Funds
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