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On 25 September 2020, BETTER FINANCE released the eighth edition of its research report on the Real Return of Long-Term and Pension Savings. More than a month later, on 5 November, PensionsEurope (PE), the lobbyist for the European Pensions Industry, issued a press release levelling unwarranted and unsubstantiated criticism against the findings in the Bulgarian

The European Commission’s (EC) High-Level Expert Group on Sustainable Finance (HLEG) initiated a questionnaire following the publication of the interim report on sustainable finance, to which PensionsEurope also provided its input. The purpose of the HLEG is to deliver recommendations to the EC on how to: ‘better integrate sustainability considerations in the EU’s financial policy’;

European Retirement Week 2022 will take place from 28 November through to 3 December 2022. The group of stakeholders behind the initiative jointly promote the two main goals of European Retirement Week: raising awareness of the pension challenge, and serving as a platform for stakeholders and policymakers to discuss possible solutions to ensure that people

In response to the final report from the High-level Expert Group (HLEG) on Sustainable Finance, published in late January of this year, Dutch and German pension fund representatives as well as European-wide representative association PensionsEurope warn against a “one-size-fits all” approach.  The report is set to be the building block on which the EC will

An ageing population is putting pressure on European pensions systems. There is an increasing demand for a more sustainable EU-wide pensions system, and in order to meet it a regulatory overhaul is underway in the shape of the Pan- European Personal Pension Product (PEPP). While the EC has acknowledged  the importance of  tax relief with

In line with the Commission’s proposal to introduce a Pan-European Pensions Product to supplement the low pension replacement rate for European citizens (see the BETTER FINANCE Pensions Report 2017), the European Insurance and Occupational Pensions Authority (EIOPA) proposed a single framework allowing for regular reporting requests on occupational pension funds in EU Member States (see

Following Monday’s vote by the parliament’s Economic and Monetary Affairs Committee (ECON), PensionsEurope praised MEPs in pushing for a “practicable, proportionate and less prescriptive proposal” compared with that tabled by the Commission in 2014. PensionsEurope welcomed a “simplification” of the universal Pension Benefit Statement (PBS), which consumer group BETTER FINANCE had previously warned against. Indeed

Following the European Commission’s request for advice, EIOPA launched a consultation on good practices on individual transfer of supplementary occupational pension rights in January 2015. As a result, EIOPA identified eight main problematic issues with cross-border transfers and set out 14 ‘good practices’ to solve them. These included allowing transfers to remain at the discretion

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