French Monetary and Financial Code
In forceEach year, the manager of the retirement savings plan within the meaning of Article L. 224-8 provides the holder with:
1° Identification of the holder and, where the retirement savings plan is covered by article L. 224-9, of the company ;
2° The value of the rights being built up at 31 December of the previous year, as well as changes in this value since the plan was opened and during the previous year;
3° The amount of payments made under 1°, 2° and 3° of article L. 224-2, as well as the amount of withdrawals, redemptions or liquidations, since the opening of the plan and during the previous year;
4° The charges of any kind levied on the plan during the previous year, as well as the total of these charges expressed in euros;
5° The transfer value of the retirement savings plan at 31 December of the previous year, as well as the conditions under which the holder may request a transfer to another retirement savings plan and any related fees;
6° For each asset in the plan, the annual performance gross of fees, the annual performance net of fees, the annual fees deducted, including those relating to any commission retrocessions, as well as any significant changes affecting each asset, in accordance with the procedures specified by an order of the Minister responsible for the economy;
7° Where the plan is a group insurance contract, the technical and financial profit-sharing for the contract and the average rate of return on assets held to cover commitments under contracts of the same category;
8° If the payments are allocated to an allocation that gradually reduces the financial risks in application of the third and fourth paragraphs of article L. 224-3, the performance of this allocation over the previous year and since the plan was opened, and the rate of security planned until the liquidation date envisaged by the holder;
9° The terms of availability of the savings mentioned in articles L. 224-4 and L. 224-5.
