The Solvency II Directive came into force as of 1st of January 2016 and is currently the subject of a review process, carried out by EIOPA on the request from the European Commission (EC), focusing on certain aspects of its quantitative pillar. The recommendations made by EIOPA in its final report from 28 February 2018 could be taken into account by the EC in the process of updating the Solvency II Delegated Regulation that will come into force in 2019. For the full position of AEIP on the on the calculation of the Solvency Capital Requirement, please see here ...

Following the invitation by EIOPA, AEIP took the opportunity to participate in the exchange of views in Frankfurt on 6 February and 19 April 2017 on the organization and implementation of the 2017 EIOPA Occupational Pensions Stress Test. On both occasions AEIP provided comments on the draft technical specifications based on the input from its members in Commission I & II. EIOPA published the final results of the 2017 Occupational Pensions Stress Test on 13 December 2017, for the final position of AEIP on the 2017 IORP Stress Test Report, please see here ...

AEIP extensively discussed and analyzed in its working groups the final proposal of the EC for a Regulation on a Pan-European Personal Pension Product (PEPP) and the proposal for a Recommendation on Tax Treatment of personal pension products, published on 29 June 2017. The proposal of the EC establishes the PEPP as a complementary voluntary scheme alongside national regimes and is stated to have as a general objective the realization of a new framework for savings that address currently existing gaps in availability and cross-border portability and barriers for cross-border activity for both providers and savers. The proposal comes in ...

On 20 September 2017, the European Commission published its initiative [COM (2017)536] making a proposal for a Regulation which would amend the existing Regulations establishing the European Supervisory Authorities (ESAs). In its position, AEIP comments on specific aspects regarding the proposed powers of the ESAs, as well as their governance and funding. For the final position of AEIP on the review of the ESAs, please see here ...