On 18 September 2024, PensionsEurope sent messages on FIDA to the ongoing Hungarian presidency. Different options are on the table of the Council to exclude pension rights/IORPs from the scope of FIDA.

We clearly indicated our full support for option 3 to exclude pension rights in officially recognised occupational pension schemes, under the Solvency II and IORPII directives with an opt-in possibility. Indeed, this would take account of the diverse EU occupational pension landscape by ensuring the exclusion of occupational pension schemes while preserving the ability of Member States to include occupational pension schemes in the scope.

The Hungarian presidency aims to achieve a general approach to FIDA, most likely in November.