Finance Committee recommends changes to pension law for guaranteed pension products

About this bill

Finance Committee recommends changes to pension law for guaranteed pension products

The Standing Committee on Finance and Economic Affairs is reviewing government bill 31 L (2025–2026) on amendments to the Company Pension Act and the Insurance Business Act to improve management of guaranteed pension products, particularly individual pension insurance contracts. The bill would give pension providers greater flexibility in risk management while ensuring buffer funds benefit customers more effectively. The committee has put forward several alternative proposals on specific points.

83

For

19

Against

67

Absent