The European Insurance and Occupational Pensions Authority (EIOPA) has published today its 2012 IORP Report on Market Developments.
The report provides a general overview of the developments in cross-border arrangements of institutions for occupational retirement provision (IORPs) for the period June 2011-June 2012. The results of the report show that during the reporting period 6 new cross-border IORPs have been reported and 6 cross-border IORPs were withdrawn.
Therefore, in total, there was no change in the number of IORPs operating cross-border comparing to the 8% increase in 2011.
The number of home states (the countries in which the IORP has its registered office and/or its main administration) did not change comparing to 2011 and remains 9. The number of host states (the countries whose social and labour law is relevant to the field of occupational pension) has decreased to 22 from 23 in 2011.
In general across the European Economic Area only 8 countries are not in the list of host states.
The current publication is the 6th report in a series on market developments, which were produced first by CEIOPS and later on by EIOPA.
The text of this report can be viewed on the EIOPA website (Link: https://eiopa.europa.eu/publications/reports/index.html ).