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eu

uncategorised

MEP demands pension providers pay back fees

Pension providers charging "exorbitant" layered fees must give the money back to pension scheme holders, an MEP says.

clock 24 February 2011 •

Regulation

FSA's Ross beats off rivals to secure ESMA nomination

Verena Ross, international director of the FSA, has been nominated by the 27 EU member states to be the first head of the European Securities and Markets Authority (ESMA).

clock 23 February 2011 •

uncategorised

EU to monitor member states' pension schemes

An EU-wide plan to improve the sustainability and equality of pension schemes has been given the green light.

clock 17 February 2011 •

Regulation

Sants says Solvency II will cost at least £100m

The FSA will spend £100m implementing EU-wide insurance regulation Solvency II, which is "towards the low end" of original estimates but excludes "considerable" direct costs to the UK industry, FSA CEO Hector Sants says.

clock 10 February 2011 •

uncategorised

EU could impose gender-equal annuities as early as 1 March

An EU ruling to equalise annuity rates for men and women could be finalised as soon as 1 March.

clock 31 January 2011 •

Economics / Markets

Billions in banker bonuses paid 'by mistake' - papers

Billions of pounds of banker bonuses may have been paid out "by mistake" as a result of miscalculations resulting from Britain's flawed accounting rules.

clock 13 January 2011 •

Economics / Markets

Cameron: Mortgage lenders now too cautious - papers

David Cameron has criticised banks and building societies for being too cautious with their mortgage lending and preventing the housing market from progressing.

clock 06 January 2011 •

Economics / Markets

Posen calls for calm as inflation fears rise - papers

The Monetary Policy Committee's (MPC) Adam Posen has warned the Bank it should not try to compensate for its past mistakes in underestimating inflation by pushing up interest rates.

clock 17 December 2010 •

Economics / Markets

Video: Irish debt debacle explained with cartoons

First we brought you quantitative easing bears. Now get the lowdown on the Irish bailout, through the eyes of Taiwanese animators. If you are not keen on Irish stereotypes, look away now.

clock 30 November 2010 •

Economics / Markets

Ireland bailout fails to calm Euro debt markets- papers

The international rescue package for Ireland has failed to restore confidence in the eurozone debt markets, leading instead to a surge in bond yields across half the currency bloc.

clock 30 November 2010 •
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