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Europe Daily Bulletin No. 9599

12 February 2008
Contents Publication in full By article 16 / 32
GENERAL NEWS / (eu) eu/insurance
McCreevy doubts future Solvency II will be extended to pension funds

Brussels, 11/02/2008 (Agence Europe) - “A very strong business case would be required before we start shifting Solvency II rules to pension funds, and, frankly, I would be surprised if there is such a case. I have no intention of sponsoring proposals that would risk closing down benefit pension schemes,” said Internal Market Commissioner Charlie McCreevy addressing the Insurance Institute of London on Thursday 7 February. In 2006, EU member states agreed to come back to the issue of a...

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