“The Final Countdown” 24 months and counting

Since the full implementation of the IORP II directive in April 2021, the 127,000 one member arrangements (OMA) that existed beforehand, have started to wind up. The majority of OMAs, which commenced after April 2021 have wound up. In the next 24 months it is estimated
that over 10 billion euros worth of pension assets will change contracts ahead of the 21st April 2026 deadline. This poses many challenges, and opportunities for both providers and financial advisors.

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