Regulator To Probe Risk Resilience Of EU Pensions Sector
Law360, London (April 3, 2019, 9:30 PM BST) -- The European Union’s insurance regulator has launched an assessment into the health of the bloc's occupational pensions sector, including environmental and governance risks to the EU's financial well-being.
The European Insurance and Occupational Pensions Authority said Tuesday that it has started its biennial stress test of EU funds. This will allow retirement savers, national regulators and pension funds to understand how resilient the sector is to potential risks.
EIOPA’s probe will look at how stressed market conditions could affect the funds held by pension schemes, as well as projected future retirement income for fund members. The regulator will also assess for...
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