Personal Finance News

01/11/12 - Money advice in increasing demand, says study
31/10/12 - Payment barriers exist for disabled and older people, says study
31/10/12 - Gender differences apparent when financial planning
31/10/12 - Half of Brits shop with a basic credit card, says study
30/10/12 - Number of Brits sitting on forgotten direct debits - 2.68 million

News archive

This Week's Personal Finance News Update

01/11/12 - Money advice in increasing demand, says study
31/10/12 - Payment barriers exist for disabled and older people, says study
31/10/12 - Gender differences apparent when financial planning
31/10/12 - Half of Brits shop with a basic credit card, says study
30/10/12 - Number of Brits sitting on forgotten direct debits - 2.68 million
30/10/12 - More than half of parents are unaware of Junior ISAs
30/10/12 - Over 80% of advisers name 'cost & administration' as top employer concern
30/10/12 - Brits left with £1.4bn repair bill during 'mischief week'
29/10/12 - East of England landlords at apex of yield chart
29/10/12 - Buyers more optimistic about Scottish property market

News

07/08/2012 17:27:46

EU hits back at pensions claims

The European Commission has issued a robust response to criticism levelled at it by the former secretary of state for work and pensions John Hutton in a national newspaper.

Mr Hutton, who now works for the coalition, had written in the Financial Times on Sunday (August 5th) that the EU is set to introduce Solvency II regulations, which will contribute to the "demise of defined benefit pensions across Europe".

However, in a riposte issued in the same newspaper today (August 7th), Michel Barnier, the European commissioner for the internal market and services, denied that any decisions had been taken and that "there would be no copy and paste from Solvency II".

"Yes, we need more occupational pension funds," he said. "No, the European Commission will not put occupational pensions at risk."

Mr Barnier added that the European Insurance and Occupational Pensions Authority will begin a study into making amendments to pension regulations shortly.

Your Financial Adviser	General Financial Planning	Investment & Saving	Retirement Planning	Personal Insurance	Mortgages & Loans
Find An Independent or Restricted Financial Adviser	Why financial planning and your financial planner is important	Get Investment Advice and Make the Most of Your Money	Financial Retirement Planning for your future with a financial adviser	Personal Financial Insurance Advice for you and your family	Borrowing and Repaying Money: Mortgage, Debt and Loan Advice
What to expect from an FSA authorised financial adviser	Plan with the help of a financial advisor to achieve your financial goals	Investments Advice and Money Savings Advice	Get Retirement Advice – Take action to enjoy life after work	Life Insurance Advice – Preparing for the unexpected	Mortgage advice from your adviser – How mortgages work
Financial Risks, Financial Planner Qualifications and the Financial Adviser	Importance of Financial Planning	Savings Accounts and Saving for The Future	Saving for Retirement – There are a variety of ways to save	A range of different insurances	Credit Advice – How much can you borrow
Find A Financial Adviser	Strategic Financial Planning in Your Twenties	Shares, the Stock Market and Property Investing advice	Pensions Advice – Existing pension plans	Health insurance Advice	The different types of mortgages
	Financial Planning Priorities in your thirties	Different types of investment	When to retire? Practical ways to secure comfortable retirement	Review Your Insurance and Protection Plans	Understanding mortgage fees and charges
	Refining your finance planning in your forties	Prioritising your investment strategies and goals	Pension Advice from an Financial Adviser	Getting help from a local financial adviser or financial planner	New mortgage, Remortgage or buy to let – Mortgage advice to suit you