Solvency II

Research from Deloitte has predicted as insurers and annuity providers drive up their capital reserves, the cost will be passed onto annuity customers. Fiona Murphy asks how big an issue is this?

Solvency II could have ‘huge implications' for annuity customers with rates likely to fall by up to 20% if insurers are forced to hold greater reserves, Deloitte warns.

The coalition needs the support of more than "two of its closest pals" to divert the impact of Solvency II, Lord Mandelson has warned.

Pensions minister Steve Webb has called on the UK pensions industry to throw its weight behind his campaign against Solvency II.

Labour front benchers have urged the government to work with the opposition, business and trade unions to protect British interests from planned European regulation of the pensions and insurance industries.

Peter Beavis discusses the role cash can play in a retirement income strategy.

The asset management industry needs to work more closely with insurance companies over Solvency II requirements, according to a report from the European Fund and Asset Management Association (EFAMA) and KPMG.

Pensions minister Steve Webb has vowed to fight potentially "catastrophic" EU plans to impose funding rules to British occupational pensions.

ANNUITIES

More than half of insurers are preparing to change the way they calculate regulatory capital as Solvency II approaches, Deloitte has said.