On Friday 18 December, the European Commission specified in a delegated regulation the requirements for information documents, costs and fees, and risk mitigation techniques for the Pan-European Personal Pension Product (PEPP) (see EUROPE B12159A17).
The Commission sees the PEPP as “an important milestone on the road to addressing the pension gap and achieving a pan-European market for personal pension products within the Capital Markets Union”.
In particular, the regulatory technical...