SI Consulting can offer experienced IORP 2 consultants with solid experience on the activities and supervision of the Institutions for Occupational Retirement Provision Directive.
On December 14, 2016, the second Occupational Retirement Provision Directive in the EU, the so-called IORP 2 Directive, was adopted. The directive should be implemented into national law by no later than January 13, 2019. The introduction of the IORP 2 directive will allow occupational retirement activities either in Solvency 2 insurance companies or in IORP 2 occupational retirement institutions. The Occupational Retirement Provision Directive includes regulations regarding information to beneficiaries, pension benefits, investment rules, capital requirements, outsourcing and cross-border activities. It also contains requirements for corporate governance and key features.
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