EU Pensions Regulator Tells Countries To Bolster Oversight
Law360, London (April 16, 2019, 6:20 PM BST) -- Regulators in half of the European Union need to beef up oversight of how employees' pensions are being invested to ensure managers are avoiding risks, Europe's top pensions regulator has warned.
The European Insurance and Occupational Pensions Authority published the findings of a peer review Monday examining how national regulators whose job is it to ensure institutions with control over employees' nest eggs assess risk.
Pensions regulators, or national competent authorities, that try to guess the risks the market faces, and those who set limits on the amount and types of investments pensions can sink employees' retirement savings in, tend to...
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