European Insurance and Occupational Pensions Authority and Pension Benefit Guaranty Corporation: Difference between pages

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imported>Doug Williamson
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imported>Doug Williamson
m (Organisation check 6/5/13 - no change)
 
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(EIOPA).  
(PBGC). ''US Pensions''. 
 
An organisation set up by the US government to take over the assets and liabilities of insolvent pension funds and to provide limited guarantees as to the payment of pensions by those funds.
EIOPA is part of the European System of Financial Supervision consisting of the three European Supervisory Authorities and the European Systemic Risk Board.
 
It is an independent advisory body to the European Parliament, the Council of the European Union and the European Commission.
 
 
EIOPA’s responsibilities include supporting the stability of the financial system, transparency of markets and financial products as well as the protection of insurance policyholders, pension scheme members and beneficiaries.
 
 
''EIOPA is a successor to the Committee of European Insurance and Occupational Pensions Supervisors (CEIOPS) which was created as part of the Lamfalussy Process.''


The PBGC has wide powers to investigate US pension schemes and their sponsoring companies. 


The equivalent in the UK is the Pension Protection Fund.


== See also ==
== See also ==
* [[Beneficiary]]
* [[Pension Protection Fund]]
* [[European Banking Authority]]  (EBA)
* [[European Commission]]
* [[European Council]]
* [[European Parliament]]
* [[European Securities and Markets Authority]]  (ESMA)
* [[European Supervisory Authority]]  (ESA)
* [[European System of Financial Supervision]] 
* [[European Systemic Risk Board]] 
* [[Insurance]]
* [[Lamfalussy Standards]]
* [[Pension scheme]]
 
[[Category:Accounting,_tax_and_regulation]]
[[Category:The_business_context]]

Revision as of 13:57, 6 May 2013

(PBGC). US Pensions. An organisation set up by the US government to take over the assets and liabilities of insolvent pension funds and to provide limited guarantees as to the payment of pensions by those funds.

The PBGC has wide powers to investigate US pension schemes and their sponsoring companies.

The equivalent in the UK is the Pension Protection Fund.

See also