The Pensions and Lifetime Savings Association participates in European issues through PensionsEurope which represents occupational/supplementary pension plans throughout the European Union and is recognised as such by the European Institutions.
We work closely with policy-makers in the European Commission, European Parliament and European Insurance and Occupational Pensions Authority (EIOPA) to ensure our members’ views are heard in Brussels and Frankfurt.
- The EU has recently completed a revision of the main European legislation on workplace pensions – the ‘IORP Directive’, although we await clarification on whether ‘IORP II’ will be implemented in a post-Brexit UK.
- The European Commission is now working on plans for an EU-wide framework for personal pensions. This looks set to be a key EU priority over the next few years.
- Meanwhile, pension investors need to pay close attention to EU financial markets rules such as EMIR (on derivatives) and MIFID II.