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Tax treatment of pan-European Personal Pension Products (PEPP)

Summary

The resolution calls for better tax treatment of pan-European pension products to reduce market fragmentation and encourage people to save for retirement.
10 04.04.2019
Other
economy
finance
taxation
pension scheme
european union

Key points

  • The market for personal pension products is currently highly fragmented due to differing tax relief rules in different countries.
  • Financial incentives are considered a vital factor in encouraging people to use the pan-European Personal Pension Product (PEPP).
  • The resolution suggests that PEPP should ideally receive the same tax benefits as local national pension products.
  • A harmonized tax relief system could be established through multilateral agreements between different Member States.
Documents (PDFs)
REPORT on tax treatment of pension products, including the pan-European Personal Pension Product Tax treatment of pension products, including the pan European Personal Pension Product
These raw data are provided by the Open Data Portal of the European Union (data.europa.eu) and are licensed under ODC-BY 1.0.