An influential supervisory body has issued a report asking the European Commission to clarify what constitutes cross-border pensions activity, as countries move to implement pan-European schemes.

The report, from the Committee of European Insurance and Occupational Pensions Supervisors, reviews how different countries have implemented the European Union’s 2003 institutions for occupational retirement provision directive. It shows that there is considerable diversity in the way some key aspects of the directive have been interpreted and implemented, although it says that this has not led to "major difficulties".