Survey on the Pan-European Personal Pension Product
Published By Europa [English], Mon, Mar 22, 2021 10:47 AM
Following the publication of the Delegated Regulation supplementing the Pan-European Personal Pension Product (PEPP), EIOPA today launched a survey on potential offering of PEPP.
The aim of this survey is to understand the potential take-up by eligible PEPP providers, for example asset managers, insurance undertakings, banks and institutions for occupational retirement provision. The information gathered shall bring important insights to the European supervisory community and help to prepare for an effective implementation in 2022.
The Pan-European Personal Pension Product (PEPP) is designed for the European citizen, enabling consumers to save for their future retirement throughout their European career in a safe, transparent and high-quality pension product.
The Delegated Regulation on PEPP was published in the Official Journal on 22 March 2021 and therewith the PEPP Regulation becomes applicable on 22 March 2022.
The European Commission’s Delegated Regulation (EU) 2021/473 is based on the draft regulatory technical standards (RTS) submitted to the European Commission by EIOPA in August 2020.
Press release distributed by Media Pigeon on behalf of Europa, on Mar 22, 2021. For more information subscribe and follow