Negotiators from the European Parliament and the EU Council on Thursday 13 December managed to agree on the main elements of creating a controlled quality label for pan-European personal pension products (PEPP).
When contacted by EUROPE, the Parliament rapporteur, Dutch MEP Sophie in 't Veld (ALDE), expressed her satisfaction with the preliminary agreement reached, noting that it still needs to be approved by both institutions. "It was a very delicate process," she said.
One of the...