Mandatory classification of pension funds according to their investment policy
18 Sep 2026Effective: 02 Jan 202794 views
Who is affected:
Management companies and pension funds registered in the Special Register; participants and beneficiaries
Summary
Pension funds must be classified according to their investment policy so that participants can better compare products. The regulation enters into force on January 2, 2027.
Detailed analysis
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Orden ECM/973/2026 establishes an official typology of pension funds according to their investment policy, transferring to the public sphere a classification that has been used internally with the supervisor since 2019. Management companies must update the key information document for participants, operating rules and …
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Implicaciones prácticas, plazos y recomendaciones específicas para tu sector.
Orden ECM/973/2026, de 9 de septiembre, por la que se determina la tipología de los fondos de pensiones para su clasificación en función de su política de inversión.
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