Significant Setback: Protection of EU Pension Savers to be reduced by the EU Parliament?

The latest amendments to the European Parliament’s ECON Committee draft report on the Directive are worrying to say the least. Following these, BETTER FINANCE wrote a letter to the rapporteur on 26 November to voice its concern regarding the proposed amendments that would constitute a very significant setback in the protection of EU pension savers, watering down the information that IORP participants would have access to through the so-called “Pension Benefit Statement” (PBS).

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