“Towards a New Design for Workplace Pensions” aims to provide a framework for modern pension solutions in order to achieve good pension outcomes for participants and beneficiaries linking the best of the Defined Benefit (DB) and Defined Contribution (DC) world. Using experiences from countries across Europe with DB systems, the paper identifies the necessary features of a good pension system – adequacy, sustainability, reliability and efficiency. Looking to the future, PensionsEurope intends to launch a follow-up report which looks at how these principles might be applied including the impact on the employer and the employee as well as the political impact and impact on the regulator.
“Principles for Securing Good Outcomes for members of Defined Contribution Pension Plans throughout Europe” discusses the evolution of DC pension plans. Specifically, it considers what a good outcome for the pension system might be and sets out the principles that will support this (for a full list of the principles please see notes to editors).
Janwillem Bouma, Chair of PensionsEurope, commented: “We are delighted to be hosting our annual conference in Brussels this week – entitled “Security in an uncertain world: the role of pension schemes in 2017 and beyond”. Attracting representation from over 20 countries, this event brings together leading thinkers and speakers covering the wide range of issues impacting on pension funds.
“PensionsEurope is a thought leader in Europe and we have designed these two reports to stimulate discussion and debate around defined benefit and defined contribution pensions. Good outcomes need to be at the heart the industry and we are confident that the thinking outlined in these publications will help the industry to develop going forward.”
To view the reports please click below
Towards a New Design for Workplace Pensions
Principles for Securing Good Outcomes for members of Defined Contribution Pension Plans throughout Europe
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