Press Release: Occupational pension funds: Council confirms agreement with EP

Author (Corporate)
Series Title
Series Details PRES/405/16 (30.06.16)
Publication Date 30/06/2016
Content Type

On 30 June 2016 the Permanent Representatives Committee approved, on behalf of the European Council, an agreement with the European Parliament on institutions for occupational retirement provision (IORPs).

The draft directive was aimed at facilitating the development of IORPs and better protecting pension scheme members and beneficiaries.

The directive improved the governance and transparency of IORPs and facilitated their cross-border activity. It revised directive 2003/41/EC on the activities and supervision of IORPs.
Source Link Link to Main Source http://www.consilium.europa.eu/en/press/press-releases/2016/06/30-occupational-pensions-funds/
Related Links
ESO: Background information: Occupational pensions: Revision of the Institutions for Occupational Retirement Provision Directive (IORP II) http://www.europeansources.info/record/occupational-pensions-revision-of-the-institutions-for-occupational-retirement-provision-directive-iorp-ii/
European Commission: DG Communication: RAPID: PRESS RELEASE: IP/16/2364, 30.06.16: Commission welcomes deal to improve rules for occupational pensions http://europa.eu/rapid/press-release_IP-16-2364_en.htm
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