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Pan-European Personal Pension Product (PEPP) Regulation

Summary

The proposal establishes a Pan-European Personal Pension Product (PEPP) to provide portable and transparent voluntary retirement savings across the EU.
10 25.07.2019
Other
finance
economy
human rights
social policy
pension scheme
european union
administrative law
public administration
business and competition
information technology and data processing

Key points

  • The regulation introduces a new, portable pension product called PEPP for voluntary retirement savings across the EU.
  • PEPPs are designed to be simple, transparent, and consumer-friendly, with standardised information documents provided to savers.
  • A default investment option must be provided that aims to protect the capital invested by the saver.
  • Fees for switching from one pension provider to another are strictly limited to ensure mobility.
Documents (PDFs)
REPORT on the proposal for a regulation of the European Parliament and of the Council on a Pan-European Personal Pension Product (PEPP) Pan-European Personal Pension Product (PEPP) ***I
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