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New version applies from 13/01/2019 — introduced by Directive (EU) 2016/2341. 71 provisions change. Recital 24 is deleted from 13/01/2019.

Recital 24

Recital 24

(24)The investment policy of an institution is a decisive factor for both security and affordability of occupational pensions. The institutions should therefore draw up and, at least every three years, review a statement of investment principles. It should be made available to the competent authorities and on request also to members and beneficiaries of each pension scheme.

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