Insurance Europe

Pensions

Insurers are key players in tackling the pension challenge

As traditional, state-run pension systems in Europe come under increasing strain from changing demographics, multi-pillar systems are widely seen as the most effective way to ensure the sustainability and adequacy of retirement provision. Insurers play a major part in multi-pillar systems, since they are significant providers of a wide variety of occupational and personal pensions.

Pension protection gap extract from:

Report — “Global protection gaps and recommendations for bridging them”

March 2023

Key to ensuring that people are provided for in old age is creating a future-proof regulatory environment that fosters the performance and diversity of pension products. It needs to enable insurers to play their role in tackling the pension saving gap while ensuring that there is a level regulatory playing field for all pension providers. And it needs to support good governance and ensure people have clear information and certainty in their preparations for retirement.

Insurance Europe engages with EU policymakers in all the debates that affect pension provision, including: the implementation of the pan-European personal pension product (PEPP) (see Annual Report article below); the 2020 Solvency II review; the recommendations of the EC High-Level Expert Group on pensions; the EC Green Paper on ageing the implementation and upcoming review of the Institutions for Occupational Retirement Provision (IORP II) Directive; and the role of private pension savings in kickstarting growth through the Capital Markets Union project.

Find out more about our Pan-European Pensions Survey

Second Pan-European
Pensions Survey:
Pension priorities in Europe

Presentation: 2021 Pan-European Pension Survey results

Clear trends from the
second Pan-European
Pension Survey

Annual Report article, June 2022

We participate in European Retirement Week

Save the date for the third edition of European Retirement Week: 27 Nov – 1 Dec 2023

Watch our 2022 webinar on the pension gender gap