EU. Launch of EIOPA’s 2019 Occupational Pensions Stress Test Exercise
Crucial biennial exercise to assess the resilience and potential vulnerabilities of the European Defined Benefit and Defined Contribution pension sector
Tailored to the specificities of the diverse European pension sector and its potential impact on financial stability
Adverse market scenario mirrors the current risk outlook on financial markets
For the first time, a European stress test includes an assessment of Environmental, Social and Governance (ESG) exposures
Today, the European Insurance and Occupational Pensions Authority (EIOPA) launched its biennial stress test of the European occupational pension sector. This exercise is expected to allow important and relevant insights into the resilience and potential vulnerabilities of the European occupational pension sector. For the first time, a European stress test includes an assessment of Environmental, Social and Governance (ESG) exposures.The core assessment refers to the direct impact of a stressed market scenario on the sustainability and funding of Defined Benefit (DB) pension funds and on the projected future retirement income of members of Defined Contribution (DC) pension funds.
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