Recently, European pension funds went..........>

EGBS: Recently, European pension funds went through a stress test conducted by

EIOPA, the regulator and the results were published on Wednesday. 

- European pension funds came through the stress test very poorly but 'Pensions

Europe' the industry representative group, is going on the attack of how the

tests were conducted.

- The stress test headline would probably be " The excess of assets over

liabilities (excl. security and benefit reduction mechanisms) in the adverse

scenario corresponds to a deficit of 38% of liabilities at the aggregate

European level (EUR 702 bn) when applying the common balance sheet"

-https://eiopa.europa.eu/Publications/Reports/2017%20IORP%20Stress%20Test%20Repo

rt.pdf

-

https://www.pensionseurope.eu/system/files/Press%20release%20-%20EIOPA%20IORP%20

Stress%20Test%202017.pdf