Preliminary Results of the QIS on IORPS
The European Insurance and Occupational Pensions Authority (EIOPA) has published the preliminary results of the quantitative impact study (QIS) on Institutions for Occupational Retirement Provision (IORPs) conducted by EIOPA in October – December 2012.
The purpose of this QIS is to assess the impact of the different options included in EIOPA’s advice on valuation and security mechanisms for the financial requirements for IORPs. The QIS is part of the process to advise the European Commission on the review of the IORP Directive.
It is envisaged that the final report on the QIS outcome together with EIOPA conclusions will be published in mid-2013.
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