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Financial Services news releases

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  • Deloitte comments on plans to end active member discounts for pension schemes
    Ending active member discounts for pension schemes will benefit low-paid workers who change jobs frequently.
  • Pensions charge cap could stifle competition
    A charge cap on default funds can play a role in dealing with charges that are clearly extreme. However, the cap will only really affect very small or very old schemes.
  • Draft EC directive drops rules that would increase pension scheme deficits
    The European Commission has today published the draft new Institutions for Occupational Retirement Provision (IORP) Directive providing updated rules on operating pension schemes across the EU.
  • European Parliament clears the way for implementation of Solvency II rules
    The European Parliament has approved the Omnibus II Directive that completes the Solvency II Directive and finalises the new risk-based regulatory framework for insurers.   
  • 4th quarter weather damage claims in 2013 were worst for 10 years
    Deloitte comments on figures that show nearly 200,000* weather damage insurance claims for property were reported in the final quarter of 2013.

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