Author (Corporate) | European Parliament: European Parliamentary Research Service |
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Series Title | Plenary at a Glance |
Series Details | 18.11.16 |
Publication Date | 18/11/2016 |
Content Type | Journal | Series | Blog, Overview |
The Institutions for Occupational Retirement Provision (IORP) Directive, from 2003, covers certain occupational pension savings. IORPs hold assets worth €2.5 trillion on behalf of around 75 million Europeans and are found mainly in the United Kingdom (55.9 % of IORP assets) and the Netherlands (30.7 %). Around a further 10 % of IORP assets are in Germany (4.5 %), Italy (2.8 %) and Ireland (2.4 %). The proposed revision (known as IORP II), to be debated during the Parliament's November 2016 plenary session, aims to improve the governance, risk management, transparency and information provision of IORPs and help increase cross-border IORP activity. Author: David Eatock |
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Source Link | Link to Main Source http://www.europarl.europa.eu/RegData/etudes/ATAG/2016/593532/EPRS_ATA(2016)593532_EN.pdf |
Related Links |
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Subject Categories | Business and Industry, Employment and Social Affairs |
Countries / Regions | Europe |