more" />more" />more" />
AEIP
  • Offcanvas Icon
    • Home
    • About AEIP
      • About us
      • Mission & Vision
      • AEIP Team
      • Governance of AEIP
      • Members
      • Activity Reports
      • AEIP Vacancies & Internships
    • Working Groups
    • Publications
    • Partnerships
      • Protocols of cooperation
      • Scientific Council
    • Events
      • Conference
    • Contact
  • Mail : general@aeip.net
  • Tel : +32 2 233 54 20
  • Home
  • Newsletters
  • Contact
  • Archives
  • Intranet
  • Latest News
AEIP
  • About AEIP
    • About us
    • Mission & Vision
    • AEIP White Paper
    • AEIP Team
    • Governance of AEIP
    • Members
    • Activity Reports
    • AEIP Vacancies & Internships
  • Working Groups
  • Publications
  • Partnerships
    • Protocols of cooperation
    • Scientific Council
  • Projects
    • European Tracking Service on Pensions
    • Towards a New Start of Industrial Relations in Construction in CEEs
    • Information Sharing Agreements
    • Youth Employment Skillset in Posting
    • Mental Health in the Construction Sector Project
  • Events
    • Upcoming Events
    • Past Events
    • Annual Conference 2022: Video
  • Gallery
    • 2018 11 08 – AEIP – ANNUAL CONFERENCE 2018
    • 2019 11 06 – AEIP – ANNUAL CONFERENCE 2019
  • Notification

AEIP publishes its position on ‘The role of paritarian institutions of social protection in the creation of the Capital Markets Union’

Homepage News AEIP publishes its position on ‘The role of paritarian institutions of social protection in the creation of the Capital Markets Union’

AEIP publishes its position on ‘The role of paritarian institutions of social protection in the creation of the Capital Markets Union’

Cécile Henrotte
22/04/2020
News, Position Papers

AEIP and paritarian institutions of social protection – including occupational pension and healthcare funds, first pillar bis pension schemes as well as provident institutions – can play a key role in the development of the Capital Markets Union (CMU). Especially in the light of the unprecedented and detrimental coronavirus pandemic, paritarian institutions should have an even more pivotal role in funding the CMU initiative.

 

Paritarian institutions have an important social function in supporting the EU economies and citizens. They ensure adequate benefits for old age income, healthcare and long-term care services while they work as much-needed automatic stabilizers in times of economic strain. Thanks to their joint decision-making process and management by the social partners, they promote and ensure transparency and inclusiveness, acting in the best interest of their participants and beneficiaries.

 

At the same time, paritarian institutions of social protection are important institutional investors and can contribute to fostering long-term investment and sustainable economic growth. They also have a substantial role in maintaining financial stability. They often act counter-cyclically by maintaining their long-term strategic asset allocation in stressed market conditions, meaning they rebalance and buy assets whose prices have diminished abruptly. Importantly, paritarian institutions allow for individuals to safely save at a very low cost and with high real returns. In that regard, they are essential for investing in capital markets and the deepening of the CMU.

 

In the current economic environment of persisting low interest rates and the detrimental effects of the Covid-19 pandemic, there is a growing interest among paritarian institutions of social protection to invest in the real economy. This includes investments in alternative asset classes such as infrastructure and private equity.

 

Given the importance of paritarian institutions of social protection for the creation of the CMU, the EU should support growth in the second pillar pension sector. Furthermore, we call for decisive policy instruments at European and national levels that would back up and enhance capital-based and collective systems of social protection managed by social partners, thus assisting to the channeling of savings towards a European CMU.

 

To read the AEIP position in detail, please see here.

Previous Story
AEIP publishes its statement on ‘The need to support paritarian institutions of social protection in light of the Covid-19 challenges’
Next Story
AEIP publishes its Activity Report for 2019

Related Articles

AEIP replies to European Commission’s consultation on Faster and Safer Relief of Excess Withholding Taxes (FASTER)

The European Association of Paritarian Institutions (AEIP) has submitted its...

AEIP replies to the European Supervisory Authorities (ESAs) joint consultation on the first batch of DORA policy products

The European Association of Paritarian Institutions (AEIP) has submitted its...

Recent Posts

  • AEIP replies to European Commission’s consultation on Faster and Safer Relief of Excess Withholding Taxes (FASTER) Monday, 18, Sep
  • AEIP replies to the European Supervisory Authorities (ESAs) joint consultation on the first batch of DORA policy products Monday, 11, Sep
  • AEIP publishes its Activity Report for 2022 Monday, 17, Jul
  • AEIP replies to the European Supervisory Authorities (ESAs) joint consultation on the review of SFDR Delegated Regulation Tuesday, 4, Jul

Categories

  • Archives
  • News
  • Position Papers
  • Press Releases
  • Studies & Reports
  • Uncategorized

AEIP

The European Association of Paritarian Institutions (AEIP)
Rue Montoyer 24
B – 1000 Brussels

Tel: +32 2 233 54 20
Mail: general@aeip.net
Contact us

Links

  • About AEIP
    • About us
    • Mission & Vision
    • AEIP White Paper
    • AEIP Team
    • Governance of AEIP
    • Members
    • Activity Reports
    • AEIP Vacancies & Internships
  • Working Groups
  • Publications
  • Partnerships
    • Protocols of cooperation
    • Scientific Council
  • Projects
    • European Tracking Service on Pensions
    • Towards a New Start of Industrial Relations in Construction in CEEs
    • Information Sharing Agreements
    • Youth Employment Skillset in Posting
    • Mental Health in the Construction Sector Project
  • Events
    • Upcoming Events
    • Past Events
    • Annual Conference 2022: Video
  • Gallery
    • 2018 11 08 – AEIP – ANNUAL CONFERENCE 2018
    • 2019 11 06 – AEIP – ANNUAL CONFERENCE 2019
  • Notification

News

  • AEIP replies to European Commission’s consultation on Faster and Safer Relief of Excess Withholding Taxes (FASTER)
  • AEIP replies to the European Supervisory Authorities (ESAs) joint consultation on the first batch of DORA policy products
  • AEIP publishes its Activity Report for 2022
  • AEIP replies to the European Supervisory Authorities (ESAs) joint consultation on the review of SFDR Delegated Regulation
  • AEIP General Assembly appoints new President and Vice President for two-year mandate
  • AEIP replies to EIOPA’s Consultation on the review of the IORP II Directive
  • Paritarian institutions in the Building Sector oppose against exemptions to prior notification for the construction industry

Follow us on Twitter

Copyright ©2018 AEIP Disclaimer - Made by Info Bel consulting, hosting Anagramme. All Rights Reserved
SearchPostsLogin
Monday, 18, Sep
AEIP replies to European Commission’s consultation on Faster and Safer Relief of Excess Withholding Taxes (FASTER)
Monday, 11, Sep
AEIP replies to the European Supervisory Authorities (ESAs) joint consultation on the first batch of DORA policy products
Monday, 17, Jul
AEIP publishes its Activity Report for 2022
Tuesday, 4, Jul
AEIP replies to the European Supervisory Authorities (ESAs) joint consultation on the review of SFDR Delegated Regulation
Monday, 26, Jun
AEIP General Assembly appoints new President and Vice President for two-year mandate
Thursday, 25, May
AEIP replies to EIOPA’s Consultation on the review of the IORP II Directive

Welcome back,