In a position paper published on Thursday 9 January, the European Federation of Investors and Financial Services Users, Better Finance, called on EU leaders to take decisive action to ensure that the ‘pan-European personal pension product’ (PEPP) reaches the European market to the benefit of savers.
According to the federation, in the face of Europe’s ageing population and growing demands on public pension systems, the PEPP, introduced in 2022 as a low-cost cross-border retirement...