Local view for "http://purl.org/linkedpolitics/eu/plenary/2009-04-22-Speech-3-026"

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"en.20090422.4.3-026"2
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"Madam President, the introduction of Solvency II and of the change to the system for conducting and supervision of insurance activities which had been in preparation for the last few years is a move of great importance, especially in a time of financial crisis. I have been involved with pension schemes for years, and I am aware of the significance of the financial supervision of pension funds in relation to the mobility of workers and the necessity of cross-border supervision. When we encourage people to be mobile, we must ensure that those who change their country of employment and their pension system can be sure that their social insurance contributions are deducted in the right way and are credited to the right accounts, and that the security of their future pension will rise as a result of Community solutions in the area of principles of investment and supervision of pension funds. I congratulate the Committee of European Insurance and Occupational Pensions Supervisors and its consultative panel, in whose work it was my privilege to participate until September 2007, and I congratulate the rapporteur, Mr Skinner."@en1
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