Messages
The messages of the VB-PUO standard
All SIVI messages of Release 2026 and Release 2027: code, direction, timing, status and a link to the full description with schema, sample and rules.
Solidarity premium arrangement (SPR)
1. Capital0001a
With message 1 the PUO reports the total pension capital at the start of the period: per pension scheme and per cohort (age cohort or reserve cohort).
Pension administrator (PUO) → Fiduciary manager (FM) and investment administrator / asset service provider (BA) · Monthly (expected), at the start of the reporting period; implementation plans mention T+10 at the latest for SIVI messages 1 to 3
2. Cashflow0001b
Message 2 reports the cash flows of the period: contributions and incoming value transfers (inflow), benefit payments and outgoing transfers (outflow) and shifts between cohorts.
Pension administrator (PUO) → Fiduciary manager (FM) and investment administrator (BA) · Monthly (expected); prospective (expected flows) or retrospective (realised flows), depending on the chain agreement
3. Pension projection0001c
Message 3 contains the projected future pension payments per cohort and per payment date, plus the amounts weighted by the hedging percentage.
Pension administrator (PUO) → Fiduciary manager (FM), investment administrator (BA) and LDI manager · Monthly (expected); in FPR model 2 at T-4 to the LDI manager
4. Return on investment00002
Message 4 brings the investment result of the period back to pension administration: opening and closing value, net flows and return per investment portfolio, in portfolio currency and as a percentage.
Investment administrator / asset service provider (BA), possibly the fiduciary manager → Pension administrator (PUO) · Monthly (expected); implementation plans mention T+4 at the latest for SIVI message 4
Flexible premium arrangement (FPR)
5. Trade instruction00541
With the trade instruction the PUO places net buy and sell orders at the highest fund level: participant mutations have already been translated into net transactions per investment fund.
Pension administrator (PUO) → Broker, transfer agent or order desk (in model 1b via the custodian's or fiduciary's order platform) · Ad hoc, in the model 2 monthly cycle at T-4
6. Order confirmation00542
The order confirmation reports execution back: which order was executed at what price and in what quantity.
Broker, transfer agent or order desk → Pension administrator (PUO) · After execution; in the model 2 monthly cycle at T+3
10. Control information investment pools00553
Message 10 tells the fiduciary manager per investment pool what has to be bought or sold net as a result of the mutations in the participant administration: the participation values and the estimated cash effect.
Pension administrator (PUO) and/or investment administrator (BA); issue #142 asks SIVI to clarify this → Fiduciary manager (FM) · T-4 (four business days before the transaction date)
13. Value information investment pool00555b
Message 13 delivers the value of each investment pool: the (preliminary) unit value, the number of units and the total value, plus the value of the mutated units.
Investment administrator (BA) → Pension administrator (PUO) and fiduciary manager (FM) · Preliminary at T-4, final (month-end NAV) at T+3
14. Payment information00556
Message 14 contains the payment instructions for withdrawals: which amount, in which currency, to which account (IBAN and BIC of the creditor) and with which value date.
Pension administrator (PUO) or investment administrator (BA); issue #142 asks for clarification → Fiduciary manager (FM) · T+3, after the final NAV; the manual also says 'month-start' for the withdrawals
15. Corporate actions00557
Message 15 is new in Release 2027 and reports corporate actions on investment products that have been processed in the asset administration but are not automatically visible in the PUO's systems: cash dividend, stock dividend, product changes and rebates.
The asset-management chain (investment administrator, custodian or fiduciary) → Pension administrator (PUO) · Ad hoc, event-driven
Discontinued in Release 2027
7. Balance adjustments00551
In Release 2026 message 7 reported the net purchases, sales and switches at cohort-pool level to the pool administrator.
Pension administrator (PUO) → Administrator of cohort and investment pools · Monthly (Release 2026)
8. Reconciliation information00552a
In Release 2026 message 8 served to reconcile positions per investment pool between the leading investment administration and the fiduciary's shadow administration.
Investment administrator (leading) and fiduciary manager (shadow administration) → Mutual, plus the pool administrator · Monthly (Release 2026)
9. PUO reconciliation information00552b
In Release 2026 message 9 delivered preliminary unit values to the PUO so that the PUO, as administrator of the cohort pools, could reconcile unit holdings.
Administrator of the investment pools → Pension administrator (PUO) · Monthly (Release 2026)
11. Rebalancing information00554
In Release 2026 message 11 reported the rebalancing transactions that brought cohorts back to their policy allocation.
Administrator of cohort and investment pools → Fiduciary manager (FM) · Month-end (Release 2026)
12. Value information cohort pool00555a
In Release 2026 message 12 carried the unit values per investment pool and the participation values per cohort pool.
Administrator of the cohort and investment pools → Fiduciary manager (FM) and pension administrator (PUO) · Monthly (Release 2026)
Feedback
Feedback messagefeedback
The feedback message confirms that a message can be processed (statusType 8, accepted) or reports why not (statusType 0, rejected, with errorCode and errorCodeExplanation).
The receiver of the original message → The sender of the original message · Synchronous (HTTP 200 or 400 with feedback in the body) or asynchronous (HTTP 202 and a later callback); turnaround times are not normative