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  3. Whose responsibility? - State supervision of information on the occupational pension market

Whose responsibility? - State supervision of information on the occupational pension market

Audit Id 1584459887934
Título Whose responsibility? - State supervision of information on the occupational pension market
Tí tulo en el idioma original

Vem tar ansvar? – Statens tillsyn av information på tjänstepensionsmarknaden

Swedish

Año 2012
Asunto

Financial Institutions and Markets

Health and Social Care (incl. Welfare Benefits)

Regulation, Regulators and Competition

Tipo

Performance

Tipo de acción

Performed by single SAI

Descripción The Swedish National Audit Office (Swedish NAO) has audited the efficiency of the occupational pension market supervision performed by Finansinspektionen (the Swedish Financial Supervisory Authority) and Konsumentverket (the Swedish Consumer Agency). The audit reveals that Finansinspektionen and Konsumentverket consider the current regulatory framework to be a satisfactory foundation for supervision. The Swedish NAO’s assessment is therefore that the regulatory framework does not constitute an obstacle to supervision in the area. The audit reveals that there is a lack of information on the assumptions that occupational pension disbursement is based on. The assumptions concerned are predicted interest rates and life expectancy. Nor does the consumer receive information on certain fees. Finansinspektionen and Konsumentverket have not focused their supervision on rectifying deficiencies in the information.
Autor

Sweden

Materiales

Audit report

Swedish

Download report

Summary

English

See summary
Contacto
int@riksrevisionen.se
https://www.riksrevisionen.se/
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