News

EIOPA publishes 2015 Market Development Report on occupational pensions and cross-border IORPs
09/07/2015 12:00

The European Insurance and Occupational Pensions Authority (EIOPA) has published today its ninth report on market developments with regard to occupational pensions and cross-border activities of institutions for occupational retirement provisions (IORPs). 

The report provides a comprehensive overview of the European occupational pensions landscape for the period of June 2014 - June 2015.

The results of the report show that during the reporting period the number of active cross-border IORPs rose from 75 to 76. There are currently eight home countries for IORPs with cross-border activities in 17 Member States.

Out of total IORPs' assets under management (3,680,312 mln euros), less than 1.5% are related to cross-border activities. This tiny proportion demonstrates that the EU needs to progress in promoting cross-border schemes in order to create a true single European market for occupational pensions.

Click here‚Äč to access the Report.