EIOPA on principles for mitigating the effects of the coronavirus pandemic in the occupational pensions sector

The European Insurance and Occupational Pensions Authority (EIOPA) has published a statement on principles that national competent authorities should consider to mitigate the impact of the coronavirus pandemic on the occupational pensions sector.

The principles are

  • business continuity and operational risks
  • liquidity position
  • funding situation and pro-cyclicality
  • protection of members and beneficiaries
  • communication

EIOPA will continue to pursue close collaborations with national authorities to evaluate and mitigate the impact of the coronavirus pandemic on the insurance and occupational pensions sector.

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