Pension provision
Funded Pension Provision with PEPP
The Potentials and Pitfalls of EU Reforms to Strengthen Private Pension Provision
How can Europe’s citizens better prepare for retirement while also benefiting more from the opportunities offered by capital markets? So far, funded pension plans have played only a minor role in many EU countries. With new reforms—in particular the pan-European personal pension product (PEPP)—the European Commission aims to change that. The study examines the potential of these reforms, identifies areas where improvements are still needed, and explores how greater freedom of choice, competition, and higher-yield investment options can strengthen private retirement savings in Europe.