Regulatory Alerts2018-12-20
Added · Updated
Information Requirements Regulation for Pensionskassen
The Financial Market Authority of Austria issued this regulation to standardize the content and structure of information that Pensionskassen must provide to beneficiaries, survivors, and insured persons. It mandates detailed annual statements for entitled beneficiaries and recipients, covering contributions, reserves, performance forecasts, and investment risks. Additionally, the regulation specifies disclosure requirements for general company information, pensionable age notifications, benefit event payouts, and switching between investment groups.
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