Our mission statement

The EFRP wants to promote occupational retirement provision in the EU that: 

• is affordable for large sections of the population
• helps to maintain living standards in retirement
• provides a degree of intra- and inter-generational solidarity and

is administered through funding institutions. These institutions must be able to operate throughout the European Union on the basis of a single licence, taking into consideration the principle of subsidiarity and national diversity.

Our activities

To achieve these goals, the EFRP operates in five ways:

• Lobbying the appropriate European institutions to promote, defend and voice the views of pension funds within European and international bodies
• Conducting research to deliver high-quality and, if possible (e.g. asset data), unique information
• Communicating with its Members to circulate all relevant information on supplementary/occupational pensions-related issues emanating from the European and selected international institutions
• Communicating with selected target groups to disseminate information about pension institutions, supplementary pension schemes, second-pillar assets and asset management
• Optimising the Federation’s management

Our values

The EFRP recognises the diversity of financing vehicles for occupational/supplementary pension schemes in Europe and in the EU member states in particular.

The EFRP wants to:

• Achieve a balance between statutory social security pension (i.e. the first pillar) and workplace (i.e. second-pillar) plans
• Strive for a harmonious combination of state benefits and occupational benefits
• Give financing vehicles freedom to allocate their assets and appoint their asset managers and custodians anywhere in the EU
• Contribute to the competitiveness of Europe’s industry and capital markets, thus stimulating employment in Europe without diminishing the quality of social protection
• Promote the provision of secure occupational pensions in which consumers have confidence over the long term
• Bear in mind the affordability of occupational pensions and thereby promote private collective pension systems
• Ensure that pension funds are recognised as responsible investors of pension assets, by promoting the highest standards in investment strategy. This means prudential supervision founded on qualitative control methods – the prudent person rule – including the diversification of asset allocation
• Adhere to the principle of the transferability of accrued pension rights within second-pillar pension plans
• Promote the removal of tax obstacles in the single market for labour in general, and occupational pensions in particular