Pensions - Articles - AAE publishes report on Pension Tracking Services

 Since the European Commission’s White Paper on Pensions was published on 16 February 2011 the interest in pension tracking services has been growing. A European Pension Tracking Service could contribute to a better harmonization in the benefit statements that are available and supplied in the various Member States.

  

 The importance of pension tracking is also connected to consumer protection, an issue that is high on the European agenda. A pension tracking service can give citizens an overview of their personal pension data and as such is an important step to pension awareness in general. With this report the actuarial profession wants to emphasize the importance of pension information for consumer protection.

  

 This report gives an overview of the available pension tracking services in Belgium, France, Germany, Hungary, Ireland and the United Kingdom. This is the second AAE report on tracking services. The first report was published on 1 October 2013 and looked at Denmark, Finland, Sweden and the Netherlands.

  

 Falco Valkenburg, chairperson of the Pensions Committee of the AAE, stated:

 “As experts in the field of pensions the actuarial profession wants to contribute to better information and understanding. We believe that pension tracking services could play a key role in improving the information and understanding about pensions for all European citizens.”

  

 Download the reoprt below