Pensions - Articles - AAE paper on market consistency to pension funds in Europe


The Actuarial Association of Europe (“AAE”) published its discussion paper “Clarity before Solvency” on the application of market consistency to pension funds in Europe.

 With this paper the AAE intends to discuss from an independent and actuarial point of view some technical issues with regard to the application of a 'market consistent' framework to pension funds. The AAE wants to highlight some important elements of the discussion on the quantitative elements of the IORP review. In doing this the AAE hopes to provide insights that can be used to bridge the different views that have been recently expressed within the broader debate.
  
 Falco Valkenburg, chairperson of the Pensions Committee of the AAE, stated:
 “When developing a financial framework for IORPs an important priority is to protect the interests of all stakeholders: scheme members, beneficiaries and sponsors. Therefore this discussion paper has a direct connection with consumer protection.”
  
 Michael Renz, chairperson of the AAE, stated:
 “The AAE will continue to work with the European Commission, the European Parliament and other stakeholders on further development of methods and approaches to quantify pensions and assess the financial risks.”
  
 To view the paper please click on the link link below
  
 

Back to Index


Similar News to this Story

DC Pension Tracker Q3 2025
The Aon UK DC Pension Tracker fell over the quarter, with the younger savers seeing decreases in their expected outcomes, while the older members’ exp
Employers must take lead in retirement adequacy crisis
Employers will end up taking most of the responsibility for helping to solve the retirement adequacy problem if we are to see real and impactful chang
Two thirds of Administrators involved in pension strategy
With forthcoming legislation, from Inheritance Tax on unused pension pots to the 2025 Pension Schemes Bill set to have considerable implications for p

Site Search

Exact   Any  

Latest Actuarial Jobs

Actuarial Login

Email
Password
 Jobseeker    Client
Reminder Logon

APA Sponsors

Actuarial Jobs & News Feeds

Jobs RSS News RSS

WikiActuary

Be the first to contribute to our definitive actuarial reference forum. Built by actuaries for actuaries.