The upcoming edition of the European Finance Forum will take place on October 10th at the prestigious Shangri-La Hotel in Paris. Mark your calendars for this top-of-the-range meeting, where European decision-makers and representatives gather to engage in high-level debates. The European Finance Forum aims to address regulatory issues specific to the finance sector in a morning of insightful conferences. The focus will be on key topics such as: Capital Markets Union and Basel III Distribution of financial products in Europe: a changing model? – including the RIS – Retail Investment Strategy   Focus on UK-EU regulations and divergences: is a level playing field ...

The European Association of Paritarian Institutions (AEIP) submitted its input to the European Commission's targeted consultation on artificial intelligence (AI) in the financial sector. AEIP supports the AI Act's approach of giving freedom to sectors to establish guidelines for the responsible application of AI. This stakeholder-driven approach is important given the rapid market developments and diversity in AI applications across sectors, even within the financial sector. In our input, we explain that in the pension fund industry, AI is primarily used, or will be used, in areas such as pension administration, including communication with members and beneficiaries and automatization of ...

AEIP is proud to present the overview of its activities carried out throughout 2023. Discover our initiatives in the 2023 AEIP Activity Report, driving progress in social protection and pensions. We would like to express our sincere appreciation to all AEIP members, partners, and supporters for their dedicated efforts in 2023. As we reflect on the achievements of the past year, we eagerly anticipate the accomplishments of 2024, brimming with promising opportunities and collaborative endeavors. You can read the full AEIP Activity Report for 2023 here ...

In the coming years, the EU must navigate through several macro-trends which impact our societies, economies, labour markets, and social protection systems. These include demographic changes, new types of employment, decrease in collective bargaining, digitalization and climate change and to build a single market for capital that supports people, businesses and the economy. In our ‘Memorandum for 2024 - 2029’ we call for a stronger social Europe and a more robust Capital Markets Union and we explain that to help achieve this, the EU institutions need to strengthen the resilience of paritarian institutions. Paritarian institutions play a key role as ...

In view of the upcoming evaluation and review of the IORP II Directive by DG FISMA, we publish today our position on EIOPA’s technical advice on the IORP II review, released in September 2023. AEIP commends DG FISMA and EIOPA for the opportunity to comment on the IORP II review and for the productive communication and constructive dialogue throughout the process. We appreciate that EIOPA does not foresee changes to the minimum harmonization character of this Directive and welcome that the technical advice considers venues to enhance proportionality. While AEIP recognizes that increasing thresholds for exemptions can benefit small IORPs, ...

The European Tracking Service (ETS) Association is proud to announce that it has been awarded with a grant of 4.7 million Euro from the European Union for the next phase of the European Tracking Service on Pensions. This funding was obtained through a successful project proposal submitted by the ETS Association in response to a Call for Proposals launched by the European Commission in 2023. The aim of the ETS is to provide a comprehensive pension overview to employees who have worked in different countries in Europe. Through www.Findyourpension.eu, users will be able to access their pension entitlements, regardless of ...

We are happy to announce AEIP’s participation as honorary partner in the 5th Occupational Retirement Provision Forum of HUIORP with the title ‘Transition to a new statutory environment for Occupational Insurance: Challenges and prospects’. The conference seeks to record and decode the latest developments which took place over the past year on a national and European level in the field of occupational insurance as well as Greece’s retirement-social security system in general. The Forum’s ultimate goal is to holistically present the operating philosophy and role of Institutions for Occupational Retirement Provision as supplementary pension schemes to all potential stakeholders in ...

On 11 March 2024 AEIP together with more than 15 social protection and health organisations published and shared a joint letter calling on the Council of the European Union and the Member States to integrate social and health ambitions into the next EU Strategic Agenda 2024 – 2029. This agenda will set the future political priorities of the EU. While the previous agenda (2019-2024) stated “building a climate-neutral, green, fair and social Europe” as a priority, in the current state of discussions, social and health priorities do not seem to have the same traction as they had in the past ...

On 11 March 2024 AEIP published a statement in light of the Employment and Social affairs ministers meeting in which they will seek to approve the provisional agreement between the Council and the European Parliament on new rules aimed at improving conditions for platform workers. The main objectives of the proposal for a Platform work Directive are to enhance the working conditions and social rights of people working through digital labour platforms. The European Association of Paritarian Institutions (AEIP) welcomes this initiative and calls for the full respect of platform workers’ right to social protection. In our statement we explain ...

On 4 March, AEIP submitted input to ESAs joint consultation on DORA second batch of policy products. In principle in our input we welcome the EU's commitment to establishing a digital operational resilience framework for the financial sector and recognize the importance of safeguarding digital infrastructures from cyber threats. Additionally, overall, in our input we ask for more proportionality and better consideration of the characteristics of paritarian pension funds such as IORPs. We Ask for flexibility where we think it is better to deal with national supervisors than to have rigid prescriptions in the RTS, in line with a principle-based ...