EU Pensions Law
– A Commentary and Practitioner's Guide
   
 
Författare:Bennett Philip , van Meerten Hans
Titel:EU Pensions Law – A Commentary and Practitioner's Guide
Utgivningsår:2024
Omfång:776 sid.
Förlag:Edward Elgar
ISBN:9781802200218
Produkttyp:Inbunden
Typ av verk:Kommentar
Ämnesord:Fφrsδkringsrδtt , Offentlig rδtt , EU-rδtt
Pris: 3519 SEK exkl. moms
This judicious Commentary identifies how EU law directly and indirectly affects pension rights and provides a detailed article-by-article analysis of the IORP II Directive, in comparison to the relevant articles of the IORP I Directive. It also considers the extent to which EU pensions law has been retained in the UK post-Brexit and the effect of the UK Retained EU Law (Revocation and Reform) Act 2023.

Divided into three key parts, this judicious Commentary first identifies the sources of EU pensions law and how EU law directly and indirectly affects pension rights, before considering the legislative background and articles of the IORP II Directive. Finally, it investigates important EU pension law issues, such as the mobility of EU workers and the protection of Pillar 2 employee pension rights.

Key Features:

● Examines the impact of EU state aid law on pensions
● Discusses the meaning of the ‘prudent person rule’ in Article 19 of the IORP II Directive
● Provides a detailed article-by-article analysis of the IORP II Directive, in comparison to the relevant articles of the IORP I Directive
● Considers how EU pensions law has been retained in the UK post-Brexit and the effect of the UK Retained EU Law (Revocation and Reform) Act 2023

This Commentary is an essential resource to help practising pension lawyers in the EU and the UK avoid the pitfalls of EU pension law’s interaction with national pension policies and legislation. It is also beneficial for lawyers and policymakers in the EU Commission, EU Member State and UK governments, EIOPA and national competent authorities such as the UK Pensions Regulator and the Dutch Central Bank.

Contents'
PART I INTRODUCTION'
1 Structure and context of EU Pensions Law 2'
Philip Bennett'
2 The sources of EU pensions law 10'
Philip Bennett'
3 The interaction of EU pensions law with national Member State law and, for the UK, retained EU law'
post-Brexit 39'
Philip Bennett'
PART II THE IORP DIRECTIVE'
IIA BACKGROUND TO THE IORP II DIRECTIVE'
4 Origins of the IORP II Directive 84'
Philip Bennett with contributor: Velina Pekova'
IIB COMMENTARY ON THE ARTICLES OF THE IORP II DIRECTIVE'
5 Title I – General provisions, Part 1 (Articles 1–5) 94'
Hans van Meerten'
6 Title 1 – General provisions, Part 2 (Articles 6–10) 116'
Hans van Meerten'
7 Title 1 – General provisions, Part 3 (Articles 11–12) 142'
Hans van Meerten'
8 Title 2 – Quantitative requirements: Technical provisions, their funding and regulatory own funds (Articles'
13–14) 164'
Hans van Meerten'
9 Title 2 – Quantitative requirements: regulatory own funds and solvency margins (Articles 15–18) 178'
Philip Bennett'
10 Title 2 – Qualitative requirements: Investment rules (Article 19) 218'
Philip Bennett'
11 Title 3 – Part I – System of governance: Section 1 – General provisions: Articles 20–23 284'
Philip Bennett'
12 Title 3 – Part I – System of governance: Section 2 – Key functions (Articles 24–27) 308'
Philip Bennett'
13 Title 3 – Part I: System of governance: Section 3 – Documents concerning governance (Articles 28–30) 320'
Philip Bennett'
14 Title 3 – Part II: Outsourcing and investment management (Articles 31–32) 339'
Hans van Meerten'
15 Title 3 – Part III – Depositary (Articles 33–35) 352'
Philip Bennett'
16 Title 4 – Information to be given to prospective members, members and beneficiaries: Part I – General'
provisions (Articles 36–37) 367'
Hans van Meerten'
17 Title 4 – Information to be given to prospective members, members and beneficiaries: Part II – Pension'
benefit statement and supplementary information (Articles 38–40) 380'
Hans van Meerten'
18 Title 4 – Information to be given to prospective members, members and beneficiaries: Part III – Other'
information and documents to be provided (Articles 41–44) 396'
Hans van Meerten'
19 Title 5 – Prudential supervision: Part I – General rules on prudential supervision (Articles 45–51) 412'
Philip Bennett'
20 Title 5 – Prudential supervision: Part II – Professional secrecy and exchange of information (Articles 52–59)'
436'
Philip Bennett'
21 Title 6 – Final provisions (Articles 60–67) 458'
Hans van Meerten'
22 Comparison of Recitals of the IORP I and IORP II Directives 479'
Philip Bennett'
IIC ADDITIONAL IORP II INSIGHTS'
23 Annexes to the IORP II Directive and general comments on its transposition 497'
Philip Bennett'
24 Role and powers of EIOPA 505'
Hans van Meerten'
25 Concluding remarks on the IORP II Directive 510'
Philip Bennett'
PART III SOME EU PENSION LAW THEMES'
26 Solvency II and insurance company provided pensions 518'
Arthur van den Hurk'
27 Prudent person approaches and ESG 539'
Arthur van den Hurk'
28 Mobility of workers in the EU and pension rights: Light and shadows under Pillar I 570'
Maria Cristina Degoli'
29 The mobility of workers in the EU with regard to the acquisition and safeguarding of their pension rights'
under Pillar 2 and Pillar 3 592'
Francesco Briganti'
30 EU State aid law and pensions 617'
Steven Verschuur and Cecilia Sbrolli'
31 Protection of Pillar 2 employee pension rights on employer insolvency in the EU 637'
Philip Bennett and Hans van Meerten'
Bibliography 647'
Index 662
 
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