27th July 2017

Pan-European Personal Pension: on track at last?

FECIF, the European Federation of Financial Advisers and Intermediaries, welcomes the European Commission’s initiative on the Pan European Personal Pension products (PEPP).

“We believe this initiative, despite being only a draft, and possibly also only a ‘recommendation’, is a step in the right direction,” FECIF Chairman David Charlet stated. “It contributes to the Capital Market Union and will help offer a simple and useful way for European citizens to save money towards retirement, addressing needs in countries where no second pillar exists as well as other jurisdictions given the potentially wide range of available solutions...

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