Pensions Regulator meets with CEIOPS

03 December 2007
Some of Europe's foremost retirement savings experts have been meeting with the UK's Pensions Regulator to discuss a "wide range of issues", it has been announced.

Meetings between the British organisation and the Committee of European Insurance and Occupational Pensions Supervisors (CEIOPS) took place in Brighton as part of a series of working groups.

Regulators from the CEIOPS' solvency subcommittee (SSC) and its occupational pensions committee were in attendance at the meetings, which are designed to increase common understanding among pensions experts across the continent.

"We are working with the SSC to obtain a clear view of the different existing funding arrangements for pension schemes and the underlying reasons for the different approaches evident across the EU," said Tony Hobman, the Pensions Regulator's chief executive.

"These meetings are of vital importance and the Pensions Regulator was privileged to host them," he added.

Among other responsibilities, the Pensions Regulator is obliged to reduce the risk of claims form the Pensions Protection Fund and to promote proper administration of occupational schemes around the country.

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