EIOPA publishes methodological framework for stress-testing IORPs

Article summary

The European Insurance and Occupational Pensions Authority (EIOPA) has published a methodological framework for stress-testing institutions for occupational retirement provision (IORPs), which provides a set of standard approaches, practical rules and possible methodologies to support the design phase and the management of future IORP stress test exercises. The methodological framework is intended to serve as a reference point and toolbox from which appropriate approaches can be developed and custom-fitted, having regard to the specificities of the individual exercise in question.