Institutions for Occupational Retirement Provision Directive 2016
European Union Directive / From Wikipedia, the free encyclopedia
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The Institutions for Occupational Retirement Provision Directive 2016/2341 is a European Union Directive designed to create an internal market for occupational retirement provision. It lays down minimum standards on funding pension schemes, the types of investments pensions may make and permits cross-border management of pension plans.
The original Directive was released in 2003, and was replaced in 2016.