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I&PE: Solvency II requirements 'appropriate' for pension funds

The capital requirements for insurance companies under the Solvency II regulatory regime are working fine and are appropriate for all defined benefit pension schemes, not just those incorporated as insurers, the head of Oslo Pensjonsforsikring (OPF) says.

14. april 2016

Åmund Lunde, chief executive of the NOK80bn (€8.6bn) Norwegian municipal pension fund, told IPE: “The capital levels they’re requiring from pension funds for the management of pension obligations are appropriate for the risk you’re taking.”