Local view for "http://purl.org/linkedpolitics/eu/plenary/2003-03-11-Speech-2-279"

Predicate	Value (sorted: default)
rdf:type	lpv_eu:Speech2
dcterms:Date	"2003-03-11"^^xsd:date2
dcterms:Is Part Of	lp_eu:Activities and supervision of institutions for occupational retirement provision2
dcterms:Language	"fr"^^xsd:language2
lpv:document identification number	"en.20030311.11.2-279"2
lpv:hasSubsequent	lp_eu:2003-03-11-Speech-2-2802
lpv:speaker	lp:Alain Lipietz2
lpv:spokenAs	member; Delegation for relations with the countries of South America and MERCOSUR (2002-02-07--2004-07-19)3 member; G/EFA (1999-07-20--2004-07-19)3 member; ECON (2002-01-17--2004-07-19)3 substitute; EMPL (2002-01-17--2004-07-19)3 unknown; Les Verts-Europe-Ecologie (1999-07-20--2004-07-19)3
lpv:translated text	"Mr President, ladies and gentlemen, the Group of the Greens/European Free Alliance will vote in favour of the proposal of the Confederal Group of the European United Left/Nordic Green Left calling for the common position to be rejected. We are not supporting this proposal because we wish to oppose the financing of supplementary pensions through accumulation of capital on principle. As Mr Kuckelkorn said, a pension is a pension. It is not a form of saving. Pensions are for life. They provide for workers when they retire. They also offer certain guarantees in case of incapacity. Reversion pensions provide for surviving spouses. Pensions are not financial products. It is quite possible that certain financial products and financial institutions may contribute to the management of certain pension schemes. Beyond this, however, we would be embarking on the search to establish European definitions of pension products and social mechanisms for the first time. We also need to consider in what circumstances financial institutions can make a contribution. At present, we are just dressing up savings products in a very ill-defined way. I would like to thank Mr Karas for all the efforts he has made to make this dressing-up as convincing as possible. Savings products have been dressed up to resemble pensions. With Mr Karas’ amendments, they were already far from being pensions. The compromise amendments, however, have made everything quite clear. They are purely and simply savings products and should be treated as such. It would amount to a violation of trading regulations to sell them as pensions."@en1

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