Pensions Priorities: other developments — proposed levy may hit employers, members and insurers

As part of a review of various European supervisory bodies, the European Parliament has proposed that, among other things, the European Insurance and Occupational Pensions Authority (EIOPA) should be funded independently with contributions from ‘market participants’ and the ‘Union budget’. Commentators have suggested that those expressions effectively mean pension schemes, insurers and the taxpayer…

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