Oversized Supervision?

In April 2011 EIOPA  published  the findings of its 2010 survey:

 REPORT ON REPORTING REQUIREMENTS TO SUPERVISORY AUTHORITIES

applicable to the Institutions for Occupational Retirement Provision (IORPs) in the context of the IORP Directive.

The report analyses several interesting differences in reporting among member states.

I'll will confine myself in this blog to two remarkable results....
 
1. Difference in number of Supervision employees per country
It's remarkable (and not directly explainable) to see that the UK and The Netherlands outnumber the other European countries on number of supervision employees....

 
2. Influence Actuarial Reporting
The survey provides a large number of reporting and monitoring issues that aim to monitor or mitigate several types of risk.
I'll provide a short report that shows the connection between some actuarial reports and types of risk.

Clearly the risk of funding is one of the most important issues with regard to actuarial reporting. Perhaps it's even a little bit overweighted......

Anyhow, check your reports with regard to the above risks, especially if your living in an oversized supervision country like the UK or The Netherlands....