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Image header Agence Europe
Europe Daily Bulletin No. 8419
Contents Publication in full By article 17 / 37
GENERAL NEWS / (eu) ep/retirement

After two and a half years of procedure, Pension Funds Directive finally to become reality

Strasbourg, 12/03/2003 (Agence Europe) - Following the findings of its rapporteur, Othmar Karas (EPP, Austria), the European Parliament finished its second reading of the proposed directive on the activities and supervision of professional pension institutions last Wednesday in Strasbourg. In so doing, it reaffirms in particular that priority should be given to retirement systems guaranteeing payment of a pension for life, although this could co-exist with capital payment or payments limited...

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