The Financial Services and Markets Authority (“FSMA”) published the statistical data on 21 September 2018 on the sector relating to institutions providing occupational retirement provisions (“IORPs”) regarding the financial year 2017.

The total balance sheet of the IORPs continues to rise mainly as a result, according to the FSMA, of the increase of cross-border activities.

The 8th edition of this statistical overview is available on the FSMA’s website (in French or in Dutch).

Amongst the most relevant items reflected in this overview, it can be stated that: 

  • At the end of 2017, there were 201 IORPs (versus 199 in 2016).
  • The IORPs comprise a total of 1,734,315 members (i.e. an increase of nearly 4% in one year).
  • At the end of 2017, the total balance sheet of all IORPs reached EUR 35.1 billion (i.e. an increase of 18% compared to 2016). Such an increase is essentially the result of the asset transfers from foreign pension funds.
  • Belgian IORPs invested approximatively 75% of their assets in collective investment funds, mainly shares and bond funds. They also directly invested 11% of their assets in bonds and 9% in shares. The return on such investment came out to 5.3%.

Read: The FSMA’s press release on this topic (French) and (Dutch)