Many important issues for pension funds and other IORP’s are increasingly international and even global, e.g. the international accounting standards and the development solvency rules and the financial market regulations affecting investments.
PensionsEurope co-operates at a global level with representative workplace pension organisations. In June 2013, we signed a protocol of co-operation together with four other organisations and formed the Global Pension Alliance. In 2017, the name was changed to the WORLD PENSION ALLIANCE
The signatories were
American Benefits Council, the Council;
European Association of Paritarian lnstitutions of Social Protection, AEIP;
Multi-Employer Benefit Plans Council of Canada, MEBCO;
National Coordinating Committee for Multiemployer Plans in the USA, NCCMP; and
PensionsEurope.
In September 2013 the Association of Superannuation Funds of Australia, ASFA, joined this co-operation.
The members of the World Pension Alliance agree:
- to exchange ideas and experiences, in order to learn from each other, to promote best practices and to enable more effective communication and representation on issues of common interest;
- to forward invitations to public events to other WPA members, such as conferences and seminars;
- to increase the awareness of global issues of common interest and aiming to enlarge further the Global Pension Alliance.
So far, the World Pension Alliance had in practice worked together on e.g. financial market issues.
Every year, the World Pension Alliance organises its annual conference. The last one took place virtually in June 2022 and was organised by the Australian Institute of Superannuation Trustees (AIST).