Irish Funds Publishes White Paper on the Pan European Personal Pension Product (PEPP)
19 June 2017Irish Funds has published a White Paper on the Pan European Personal Pension product (PEPP). The development of a common European framework for personal pensions forms part of the EU’s Capital Markets Union (CMU) agenda and the European Commission advised in its mid-term review of the CMU Action Plan that a legislative proposal on the PEPP is planned for the end of June. With this in mind, the Irish Funds White Paper is intended to help inform policy discussions on the PEPP by providing a funds industry perspective.
The White Paper sets out:
- How the PEPP will benefit the EU
- Key enabling factors fundamental to the PEPP’s success
- Proposed key features of the PEPP
- How the PEPP will work
- The importance of consumer education and awareness
- How to build on the positive experience of UCITS
- The role of taxation
