Pensions - Articles - EIOPA seeks input to it's Solvency II RFR coding


The European Insurance and Occupational Pensions Authority (EIOPA) has kicked off an exercise to challenge the “beta”-version of its risk free interest rate (RFR) coding used in the current preparatory phase. The published coding fully reflects the methodology set out in the Risk Free Interest Rate technical documentation published on EIOPA’s website.

 The aim of the exercise is to collect input from stakeholders and, in particular, the MatLab community that would help further improve the coding and spot possible errors.
  
 In the first step, the RFR coding has already been reviewed by the national supervisory authorities, which are members of EIOPA’s Board of Supervisors. In addition, EIOPA believes that such a highly complex product would benefit from input and proposals from all the interested parties in the course of the exercise. It will also enhance understanding of the RFR calculations and will contribute to the preparatory efforts for Solvency II.
  
 To appreciate high-quality proposals from academia and, in particular, from students with MatLab expertise, EIOPA will consider providing them with expert support in selected research projects. EIOPA will also indicate the best proposals in a special list published on EIOPA’s website.
  
 EIOPA is going to revise the RFR coding based upon the results of the exercise and will publish the final RFR coding and methodology before 1 January 2016.
  
 The exercise will close on 31 August 2015.
 
 The materials necessary to carry out the exercise can be viewed here
  

Back to Index


Similar News to this Story

Wish list for the occupational pensions industry in 2025
As one year closes and another begins, it's an opportune moment to set our sights on the future. The UK occupational pensions industry faces nume
PSIG announces outcome of Consultation
The Pensions Scams Industry Group (PSIG), which was established in 2014 to help protect pension scheme members from scams, today announced the feedbac
Transfer values fell to a 12 month low during November
XPS Group’s Transfer Value Index reached a 12-month low, dropping to £151,000 during November 2024 before then recovering to its previous month-end po

Site Search

Exact   Any  

Latest Actuarial Jobs

Actuarial Login

Email
Password
 Jobseeker    Client
Reminder Logon

APA Sponsors

Actuarial Jobs & News Feeds

Jobs RSS News RSS

WikiActuary

Be the first to contribute to our definitive actuarial reference forum. Built by actuaries for actuaries.