Eiopa unveils 2017 stress test
UK real interest rates hit hard by Brexit aftermath, regulator says
The European Insurance and Occupational Pensions Authority (Eiopa) announced details of its second set of biennial stress tests for occupational pensions yesterday (May 18).
The tests would allow policymakers to reach “informed conclusions” on supervisory actions or changes to the regulatory framework, Eiopa said. Pension funds still faced a “challenging” investment environment, it said, adding that the Brexit referendum had placed real UK interest rates under particular pressure.
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