The QIS results have revealed big differences in the way individual EU countries have set up their occupation pension systems, he said.He said it depended on many things, such as local agreements between employer and employee organisations, taxes and state pensions systems, as well as history.“For that reason,” Hansson said, “we do not know how the Pillar I will be set up, and it’s too early to tell the impact. Anyway, it will be hard to have one system that fits all.”If such a system is still the intention, then there needs to be a deeper understanding of the impact and the value for the beneficiaries before the directive is designed and implemented, Hansson said.“Many of the IORPs are quite small and purpose built to generate maximum efficiency to their members,” he said.“Why should the beneficiaries in an IORP accept reduced efficiency for a one-size-fits-all system?”Asked about his expectations for pillars II and II of the directive, Hansson said: “The risk is once again that a one-size-fits-all reporting system will add all individual local government requirements to a ‘monster reporting system’ that only reduces the efficiency for the members of the IORPs.”Pensions are the future income for many people, he said, adding that, as such, they have to have a secure way of delivering expected values at low cost. The head of Sweden’s Sparinstitutens Pensionskassa (SPK) pension fund has warned of dangers if the upcoming IORP Directive incorporates a one-size-fits-all set of rules for pension funds in the EU.Peter Hansson, chief executive at the SEK22bn (€2.5bn) pension fund for Swedish savings institutions, said there was a risk the directive would lead to a “monster reporting system” that would end up making pension funds less efficient for their members.Hansson said it was not known what the first pillar of the new IORP Directive would eventually look like.“Generally, the problem is that we do not know,” he said in an interview in German blog Leiter-bAV.de.
5: David De Gea (Manchester United) – £5.5m – Over 40% of Fantasy Premier League managers have selected De Gea for their teams already this year. Having picked up 142 points last season, de Gea will almost certainly justify his £5.5m price tag and Man Uniteds first six fixtures should allow him to build up a decent early record. 7 7 When you first log in to your Fantasy Premier League account ahead of a brand new season and see that totally blank canvas, it’s a scary moment.Thankfully though, you always know where to start – with your goalkeepers. And this year we are here to help.Whether you plan on buying one £5.5m first choice ‘keeper and one £4.0m substitute or a pair of £5.0m/£4.5m stoppers to rotate with one another, we’ve got you covered in this list of the seven best options in between the posts for your team.So check out which goalkeepers you should consider for your fantasy team next season by viewing the slideshow above. 7 6: Joe Hart (Manchester City) – £5.5m – Weve ranked Hart as the best value for money £5.5m keeper ahead of the start of the new campaign, because Man Citys opening fixtures are just too good to ignore. Apart from one trip to United, the Citizens first six provide plenty of opportunities for clean sheets; they even play Sunderland at home on the opening day. 1: Petr Cech (Arsenal) – £5.5m – click the arrow above, right, to see the next goalkeeper to feature – Cech has been a solid option for Fantasy Premier League teams for more than a decade now. The four time golden glove winner has a tough pair of opening fixtures as Arsenal face Liverpool and Leicester, but after that there will be plenty of opportunities for clean sheets from the Gunners. 4: Ben Foster (West Brom) – £4.5m – Priced at only £4.5m, Baggies keeper Foster is good value if youre planning a rotation tactic. West Brom dont face any of the leagues big boys within their first six fixtures, so will be hoping to collect a few clean sheets in the early stages. 3: Adrian (West Ham) – £5.0m – Its a mixed bag of opening fixtures for West Ham, as games away at Chelsea and Man City dont exactly promise clean sheets, while matches at home to Bournemouth and Watford look much more likely to produce them! Again though, Adrian only costs £5.0m and so could be a bargain if the Hammers defence gets off to a good start to the season. 7: Eldin Jakupovic (Hull) – £4.0m – If you are opting for the £5.5m/£4.0m tactic for your fantasy team this year, you have really nothing to lose by picking Jakupovic as your cheap second choice. Hulls first choice goalie Allan McGregor is expected to be out of action until January and Jakupovic looks set to fill the void. 7 2: Kasper Schmeichel (Leicester) – £5.0m – Like Arsenal, Leicester also have some tough fixtures near the start of the season as the Foxes play Arsenal, Liverpool and Man United within their first six matches. Schmeichel, however, is priced quite cheaply considering his team have just won the Premier League. 7 7 7