Occupational pension funds in the EU benefit from the principles of free movement of capital and free provision of services. This means, for example, that:
This freedom is counterbalanced by rigorous prudential standards, ensuring that pension fund members and beneficiaries are properly protected.
The rules governing the activities of institutions providing occupational pensions (IORPS) in all EU countries are set out in Directive 2003/41/EC.
Commission report on key aspects of the directive (2009):
For more on pensions, see: