EUROPE - The Dutch Association of Pension funds (UVB) and the Slovak Association of Pension Funds (ADSS) have become members of the European Federation for Retirement Provision (EFRP).
The decision to make UVB a full member, and ADSS a member with observer status, was taken at the EFRP General Assembly of Members on 23 April in Madrid.
EFRP Chairman, Jaap Maassen, said he was pleased all three Dutch pension fund associations were now group members.
Maassen continued: “Our federation wants EU enlargement to be reflected in its own membership. This will bring us even more diversity but it is our job to deal with this if we want to continue being the leading voice on funded pensions in Europe.”
ADSS board member Jozef Paška, said: “The Slovak ADSS wants to play an active role in tuning the models and establishing the mechanisms, which solve the future of our citizens upon retirement.”
ADSS represents all six pension fund managing companies in Slovakia's mandatory funded system.
UVB’s European representative Gerard Van Dalen, commented: “We are convinced that EFRP, being the most influential voice on occupational pensions in Europe will develop actions to promote supplementary pension provision for the self-employed in Europe.”
Van Dalen added: “I don’t expect that now the Unie (UVB) has become a member there will be any change in policy line from the Dutch delegation to EFRP.”
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