A number of EU member states would be willing to reach an agreement with the European Commission on a proposed pension portability directive if Brussels agreed to drop pillar one of the revised IORP Directive, IPE understands.

Two sources close to the Commission told IPE negotiations were ongoing among a number of member states, including the Netherlands, to reach agreement on both the pension portability directive and the revised IORP Directive.

«Some countries are currently negotiating the implementation of the pension portability directive, for which the voting is imminent,» they said.