The State of Austrian Pensionskassen
The Financial Market Authority has published the annual Bericht über die Lage der österreichischen Pensionskassen (Report on the State of the Austrian Pensionskassen – available in German only) since 2017.
The first report focused on explaining about the various forms of company old-age provision as well as explaining how the Austrian Pensionskassen (pension companies) system works.
In drawing up the current report the following issues were focused upon with regard to the prevailing economic environment:
- How do demographic developments affect the Pensionskassen system?
- How does the economic environment effect the investment behaviour of the Pensionskassen?
- What effects does market consolidation have on the stability of the system?
- What changes arise from the implementation of the IORP II Directive?