Pepp Reform: Eu Overturns Cost Cap - Retirement Provision

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With the "Supplementary Pension Package", which essentially includes a fundamental PEPP reform, the EU Commission is now launching a new phase in the stagnation of private pension provision in Europe. The German insurance and intermediary industry does not seem to want to stand in the way of this – but not all PEPP birth defects seem to be eliminated from an industry perspective. The EU Commission's contribution reformed PEPP – insurers and inte…

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The European Commission wants to fundamentally reform the Pan-European Personal Pension Product. While the elimination of the cost cap will make things easier, BVK continues to see significant risks – especially in the case of a PEPP without mandatory advice. read more