5 Amendments of Daniel DĂIANU related to 2007/2290(INI)
Amendment 2 #
Draft opinion
Paragraph 2 a (new)
Paragraph 2 a (new)
2a. Stresses that a sustainable pensions system needs a pragmatic approach, taking into account and adapting to demographic and economic challenges;. in this sense, the three pillar structure is a balanced option; the statutory pensions (first pillar) should be flanked by the collectively funded pension systems (second pillar) and by individual additional third pillar products;
Amendment 3 #
Draft opinion
Paragraph 3
Paragraph 3
3. Notes that collective second pillar occupational pension schemes based on capital funding have an important role to play in flanking first pillar statutory pension provision while avoiding that individual additional third pillar products are available only to very few people; stresses the value of collectively funded pension systems that combine solidarity with often high returns because of volume, long-term and prudent but profitable investment strategies;
Amendment 4 #
Draft opinion
Paragraph 3 a (new)
Paragraph 3 a (new)
3a. Points to the resolution of the European Parliament no. 2006/2270 and stresses the importance of developing a transparent and flexible European social security and pension market, by reducing fiscal barriers and the obstacles of transferability of pension rights from a Member State to another; the creation of a single pensions market requires a European framework of regulation of pension products;
Amendment 6 #
Draft opinion
Paragraph 4
Paragraph 4
4. Urges the Commission to review urgently Directive 2003/41/EC, based on advice from the CEIOPS, in order to provide a solid solvency regime appropriate to institutions for occupational retirement provision; stresses that such a regime mayshould be based on the Solvency II approach but must cater for the specificities of those institutions such as the long-term nature of the pension schemes they operate; considers that such a special solvency regime would underpin financial stability and prevent regulatory arbitrage;
Amendment 9 #
Draft opinion
Paragraph 6
Paragraph 6
6. Is concerned about theNotes current trend to shift from defined benefit pension systems to defined contribution pension systems, accompanied by a sharpnd is worried about the decline in employer contributions;, warns that the revision envisaged of IAS 19 should not add to that trend by abolishing the so- callhich accompanies this trend; emphasises the need for strengthened participation of employees and for increased “corridor”-approach, which corrects extreme short-term volatilityntribution by employers in the defined contribution pension;