The consultation will help the Commission analyse the case for an EU personal pension framework. It builds on previous consultations launched by the Commission and EIOPA on personal pensions, but increases their scope. In July 2012 and in 2014, the European Commission asked EIOPA to develop technical advice on an EU Internal Market for personal pension schemes or products. The Commission sought advice in particular on the cross-border, prudential regulation and consumer protection measures that would be required to develop an EU single market for personal pension schemes. EIOPA has responded to those requests and favoured the creation of a harmonised legal framework for a Pan-European personal pensions market. The Commission, in this consultation, aims to build on that advice and widen the range of possible options and stakeholders consulted. BETTER FINANCE provided its views on a PEPP in this important consultation.
Date: 2nd November 2016
Author: BETTER FINANCE, BETTER FINANCE
Type: Consultations
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