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EFAMA blasts European retirement annuity bias

Favoured by regulation and tax incentives, annuities have become by far the dominant post-retirement solution in Europe. This bias towards substantial annuitisation of retirement savings early in reti…

European Union scrambles into action

Spurred on by the global financial crisis, the European Union has embarked on a wide-ranging reform of financial services legislation Jeremy Woolfe reports from Brussels on a major objective, one frau…

EU goes to war against tax evasion

EU goes to war against tax evasion The European Commission is drum-beating private savings contracts posing as life insurance up to the scaffold as part of its drive to cut Europes estimated 200 billi…

CEA calls for a bigger pensions role for insurers

Insight into the role of insurers in the provision of pensions in the European Union has been provided by a first-of-its kind study produced by the Brussels-based Comit Europen des Assurances (CEA), a…

McCreevy pulls no punches

Its blame time in the worlds financial markets and to date few have done a more thorough job than Charlie McCreevy, the European commissioner for internal market and services. Addressing a plenary ses…

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