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Pension categorises in the EU


Incorporated in our current tax legislation for categorising pension insurances a regime of insurers has been allowed. The head rule is that the pension executant the pension obligation is counted to the internal business assets. On this head rule two exceptions exist:- continuing a foreign pension scheme can occur at the old foreign insurer en-het to categorise of a pension scheme at a foreign insurer have been permitted if this insurer has communicated himself at the ministry of finances and the demands made by the ministry meets.This last possibility has been incorporated since 1 January 2001 in the law. As a result of a European directive of 23 September 2003, this last exception is extended slightly. The council of ministers has agreed to send a bill for emergency recommendation to the Council of State. With the bill it becomes for Dutch ventures possible categorise the pension promise at a pension institution in another EU-MEMBER state. The supervision of the implementation of the regulation will be in hands of the supervision holder in the concerning country. The placement of the pension money must meet requirements of security, quality and spacing of dangers.With this bill seems the first step to a European market for supplysupply supplies put. In the long run this healthy competition for all life insurers will mean, what generally leads to a better product for the consumer.
Source categorises "pension in the EU": General

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