EIOPA Highlights Measures to Facilitate the Transfer of Pension Rights
JULY 08, 2015
- Cross-border transfers should not be subject to stricter requirements than domestic ones;
- Scheme members should receive adequate information to be able to take informed decisions on whether to transfer;
- Charges to be paid by scheme members, should reflect the actual work necessary to carry out the transfer;
- Schemes need to maintain reasonable time limits for execution of transfers, without unnecessary delays.
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