Europe’s pension landscape is at a critical juncture. As we move towards 2029, the aging demographic, economic uncertainty, and changing work patterns require an updated approach to pensions. PensionsEurope is committed to promoting resilient, inclusive, and adequate pensions across Europe.
In our document, “European needs progress in pensions – PensionsEurope’s 2024-2029 Policy Priorities for the New European Parliament and European Commission”, we outline our key principles to address Europe’s main challenges in pensions and the role funded pensions must play:
- Providing access and adequate provisions: We emphasise the need for greater pension coverage, closing existing gaps, and ensuring adequate outcomes, with funded pensions as an important part of the solution.
- Unique role of pension funds: We explain why pension funds are difference from other financial actors and how they contribute positively to society.
- Balancing national and European policies: We advocate for a good balance between member states’ policies and European policies, ensuring pension funds benefit more from the Single Market.
- Sectoral and horizontal Legislation: We stress the importance of maintaining minimum harmonisation in sectoral legislation (IORP II Directive), while considering the specificities of pension funds in horizontal legislation (e.g., SFDR).
PensionsEurope is committed to addressing these challenges and ensuring that more Europeans can benefit from good retirement provisions.