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Europe Daily Bulletin No. 11819

30 June 2017
ECONOMY - FINANCE - BUSINESS / Finance
Commission presents its new pan-European label for personal pension products
Brussels, 29/06/2017 (Agence Europe)

As announced during the mid-term review of the Capital Markets Union, the European Commission on Thursday 29 June presented a proposal to create a new category of pension products: the Pan-European Personal Pension Product (PEPP).

This proposal, which forms a response to the fragmentation of the European personal pensions market, will lay the foundation for a single European pensions market, said the European Commissioner for Financial Services, Valdis Dombrovskis.

Currently, the market is...

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