Department for Work and Pensions
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UK welcomes EU’s change of heart on “damaging” plans for Solvency II pensions rules

The government welcomes the EU announcement to postpone the introduction Solvency II-style rules for defined benefit pension schemes.

The commissioner said he will not present proposals this autumn to bring in new capital requirements for occupational pensions, though he would focus on governance, transparency and reporting requirements.

Full press release

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