End to the first act

Six years since the idea was first raised, the European Commission has finally drawn a curtain on its proposal to apply rigid risk-based solvency requirements – pillar one of Solvency II – on occupational pension funds in IORP II. At least for now, since Michel Barnier, the commissioner for the single market, has made it clear that this is a postponement, not a policy abandonment.

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IPE covers a good variety of very current and relevant topics. It is good to read the high-level, independent and objective perspectives from pension funds in other European countries; many of them are dealing with the same issues as we are, so it is interesting to learn from their experiences, especially when they are ahead of where we are on the curve.

Markus Schaen , Senior Fund Manager, MN,
The Netherlands