Holistic Balance Sheet approach not workable for IORP supervision
The Holistic Balance Sheet approach is not a workable tool for IORP supervision and alternatives should be considered, PensionsEurope has warned today.
In autumn 2012 several European IORPs, supervisors and actuarial firms performed a Quantitative Impact Study (QIS) to investigate the possible impact of a revised IORP Directive on pension funds. PensionsEurope has today published its position paper on the QIS on IORPs.
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