8 Amendments of Neena GILL related to 2014/0091(COD)
Amendment 272 #
Proposal for a directive
Recital 2 a (new)
Recital 2 a (new)
(2a) However, this Directive is aimed at minimum harmonisation and therefore should not preclude Member States from maintaining or introducing more stringent provisions in order to protect members and beneficiaries, provided that such provisions are consistent with Member States' obligations under Union law. This Directive does not concern issues of national social and labour law, fiscal and contract legislation nor the adequacy of pension provisions in Member States.
Amendment 300 #
Proposal for a directive
Recital 5
Recital 5
(5) This Directive respects the fundamental rights and observes the principles recognised by the Charter of Fundamental Rights of the European Union, notably, the right to protection of personal data, the right to conduct a business and the right to a high level of consumer protection, in particular by ensuring a higher level of transparency of retirement provisioning, informed personal financial and retirement planning as well as facilitating cross-border business of institutions for occupational retirement provision and businesses. This Directive must be implemented in accordance with these rights and principles. Member States should take into account the need for enhancing the protection of pension rights of workers temporarily sent to work in another Member State.
Amendment 340 #
Proposal for a directive
Recital 20
Recital 20
(20) Institutions for occupational retirement provision are financial service providers which bear a heavypension institutions with a social purpose that provide financial services. They are responsibilityle for the provision of occupational retirement benefits and therefore should meet certain minimum prudential standards with respect to their activities and conditions of operation.
Amendment 424 #
Proposal for a directive
Recital 51
Recital 51
(51) The competent authority should exercise its powers having as its prime objective the protection of the rights of members and beneficiaries and the stability and soundness of the institutions.
Amendment 550 #
Proposal for a directive
Article 23 – paragraph 1 – introductory part
Article 23 – paragraph 1 – introductory part
1. Member States shall require institutions to ensure that all persons who effectively run the institution or have other key functions, persons who have key functions and where applicable persons or entities employed to carry out key functions in accordance with Article 33, fulfil the following requirements when carrying out their tasks:
Amendment 553 #
Proposal for a directive
Article 23 – paragraph 1 – point a
Article 23 – paragraph 1 – point a
(a) their professional qualifications, knowledge and experience are adequate to enable them to ensure a sound and prudent management of the institution and to properly carry out their key funccollectively adequate in relation to the activities performed for the institutions, (requirement to be fit); and
Amendment 709 #
Proposal for a directive
Article 57 – paragraph 1
Article 57 – paragraph 1
1. IMember States shall ensure that institutions shperiodically provide beneficiaries with information about major material changes about the benefits due and the corresponding payment options.
Amendment 712 #
Proposal for a directive
Article 57 – paragraph 2
Article 57 – paragraph 2
2. When a significant level of investment risk is borne by beneficiaries in the pay-out phase, Member States shall ensure that beneficiaries receive appropriate information regularly.